Unemployment and pension benefits

If you are already receiving pension benefits when you apply, we will first determine your weekly rate and then reduce it based on the pension payments you receive. If you begin receiving a pension after you apply for benefits, report them on your weekly filing. We will reduce your weekly payment based on your pension payments.

We use several factors to determine whether or how much you weekly benefit payment should be reduced. If the amount of the reduction is larger than your weekly benefit, no benefit is paid. Please make sure you accurately report your pension payments.

Pensions are funded by employers (including governments), unions, and other organizations. They guarantee a specific retirement benefit for each employee and pay them after they retire from a job. They are different from a 401(k), which is a retirement saving program entirely or partially funded by employees from their wages.