Thread regarding Occidental Petroleum Corp. layoffs

Are APC people getting VSP qualified for unemployment benefit?

Got declined since "quite job due to personal reason". Anybody succeeded for he benefit? Thanks

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Post ID: @OP+12mvQSjk

12 replies (most recent on top)

Yes, you can be approved for unemployment benefits if you took VSP–I collected it for two weeks after I was let go.

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Post ID: @yumm+12mvQSjk

I got mine!

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Post ID: @ycqz+12mvQSjk

Wrong on taxes. They will even give you a chance to have it deducted out of the unemployment check. If not the year end tax form has unemployment income on it. You can't get away from Uncle Sam. Also, back in 2016 I was able to get unemployment after the layoffs at Anadarko. It was an involuntary layoff and I qualified even with the large severance. I was told at the time if it was voluntary as in VSP I would not of got it. Not sure if COC counts as involuntary, but all you have to do is apply online and they will let you know. The company also has a chance to say no and have their side heard by TEC. Back in 2016 mine just went through and I just had to actively search for jobs and turn it in for payment. All of this was done online. TEC has a pretty efficient way of doing things these days.

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Post ID: @9ass+12mvQSjk

You can get unemployment if YOU did not turn in your resignation. If you are fired, let go due to layoffs or just because....it was not your decision therefore you qualify for unemployment. If you quit...no....you do not qualify! Should have waited because the extra cash is a gravy train and you do not have to pay taxes! It will pay for your medical coverage and then some!

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Post ID: @8bhh+12mvQSjk

That means nothing to TWC. If the employer offered it, it’s considered involuntary. Doesn’t matter if you received $1 or $1,000,000, by Texas law it’s “involuntary”. Voluntary is when you walk up to your manager/supervisor and tell them that you are quitting on your own. It may surprise you but, employers are not looking out for your interest. If you’re unemployed and looking for work, you are eligible to receive unemployment for up to 6 months or you find a job, whichever comes first no matter how much you were “paid off”.

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Post ID: @8ljg+12mvQSjk

I am reading our VSP agreement, statement #12 that "I have knowingly and voluntarily..." .

So if I am signing this where the "involuntary" comes into place?

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Post ID: @8rsc+12mvQSjk

It’s coded in the system as “Involuntary”...

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Post ID: @7efi+12mvQSjk

Don't listen to @5bep and @4vix; they're just jealous and salty. I know from personal experience for myself and others, that yes, you can qualify for unemployment benefits even with the VSP. Might as well get that extra $10K+. We are.

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Post ID: @6cnh+12mvQSjk

Texas Law says: "Mutual agreement" - in most cases, this form of work separation is viewed as involuntary, since it is usually initiated or encouraged by the employer.

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Post ID: @6fjt+12mvQSjk

The V is “Voluntary”, no one forced you to take a bunch of money to stop working. Go read the rules, specifically the section in benefits for those who quit, no unemployment for VSP. If you need unemployment after being gifted multiple years’ salary, maybe go out and find a job.

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Post ID: @5bep+12mvQSjk

If the separation in any way offered/initiated/provided/allowed by the employer, it’s not considered Voluntary as per Texas Work Commission.

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Post ID: @5mzg+12mvQSjk

The V stands for “Voluntary”

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Post ID: @4vix+12mvQSjk

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