| Issue: |
Sub-Issue 1: |
Sub-Issue 2: |
Sub-Issue 3: |
| earnings |
allocation |
from week of layoff |
|
Summary:
As a result of the plant closure, the employer negotiated an agreement with union whereby severance payments would be paid on 5 specific dates over a 15-month period. To be allocated week by week under reg. 58(10.1) regardless of how monies are paid.
| Issue: |
Sub-Issue 1: |
Sub-Issue 2: |
Sub-Issue 3: |
| earnings |
severance pay |
as income |
|
Summary:
Although one can sympathize with a claimant who has been credited with money that he has not yet received, the purpose of the Act is to compensate unemployed persons for a loss, and not to pay benefits to those still receiving money from their former employer.
