Settlement agreement

Marseille49

Do I lose my rights to claim unemployment benefits if I leave my job through a settlement agreement? My HR team initiated the conversation, not me.

Comms69

Depends on a number of factors - but generally no. 

Cveat - depends on how much savings you have. New Style JSA probably available (assuming enough NI paid)

Marseille49

Thanks, I tried calling the JSA for guidance but it is only open for new or exiting claims

ThePeopleDirector

Take a look at this site:  https://www.pauldoranlaw.com/will-a-settlement-agreement-affect-my-benefits/
Looks like you can't have more than £16,000 of savings so it will depend on how much you receive.

hyperhypo

I was in same situation at end of March. Settlement Agreement. I found the claim for contribution based JSA very straightforward (had necessary NI payments as had been in work for long term), and very prompt payment.  Note am only claiming this benefit , which isn't tested against any settlement payment, purely contributions based and lasts for c. 6 months.

daveyjp

Comms69 said:

Depends on a number of factors - but generally no. 

Cveat - depends on how much savings you have. New Style JSA probably available (assuming enough NI paid)

For new style JSA savings aren't taken into account.

Comms69

daveyjp said:

Comms69 said:

Depends on a number of factors - but generally no. 

Cveat - depends on how much savings you have. New Style JSA probably available (assuming enough NI paid)

For new style JSA savings aren't taken into account.

Yes that's what i meant, as in other benefits would be affected