Settlement agreement

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.

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  • Comms69
    Comms69 Posts: 14,229
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    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)
  • Thanks, I tried calling the JSA for guidance but it is only open for new or exiting claims
  • 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.
    I used to be known as ableandy but can't get into my old account anymore :( 
  • hyperhypo
    hyperhypo Posts: 179
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    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
    daveyjp Posts: 12,378
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    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
    Comms69 Posts: 14,229
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    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
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