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Re: Transition from employee to consultant--any gotchas?
Subject:Re: Transition from employee to consultant--any gotchas? From:"Bonnie Granat" <bgranat -at- granatedit -dot- com> To:"TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com> Date:Wed, 25 Aug 2004 12:31:59 -0400
Dick Margulis wrote:
> Well, in my case, the termination letter says that 23 August is my
> termination date and that severance is to be paid, "in the form of
> salary continuation for a period of" n weeks. So we'll see what the
> state has to say about that.
>
I was an unemployment intake person in MA for about six months in early
2003, and I can tell you that the 26-week clock on your unemployment
benefit will start on the Sunday of the week following the last week
covered by your severance payment. I believe they have also reinstituted
the one-week waiting period, which means you do not get paid that first
week at all.
You can earn up to one-third of your weekly benefit (which will be in
the neighborhood of $507-512 per week, unless they increased the top
payment) free and clear. After that, the amount is deducted from your
weekly benefit dollar for dollar.
Bonnie Granat
www.GranatEdit.com
Cambridge, Massachusetts, USA
Mobile: 617-319-7461
Office: 617-354-7084
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