Thread regarding Sears layoffs

Severance and unemployment

Those wishing for severance and unemployment -

First of all unless you are among the chosen few,you won't get any severance. You also won't get a lump sum option on your pension . Your Health insurance options will be limited to expensive COBRA , ACA, or of you are old enough, Medicare.

Unemployment in my state has been cut from 26 to 12 weeks . First job offer you get - unemployment payments stop. ANY job offer .

If you were waiting around figuring you were going to clean up big when your store closed , you screwed up .

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Post ID: @OP+WQRSJcC

4 replies (most recent on top)

I was self insured when Obamacare came around and my insurance premiums actually tripled. Obamacare made insurance more expensive, not less.

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Post ID: @lmy+WQRSJcC

Hopefully your state insurance plan can help you out. If you were one of those people who irrationally thought "obamacare" wasn't needed, now you know different.

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Post ID: @jqz+WQRSJcC

If a company goes into Ch 7 you don't get COBRA because group plans dissolve with everything else

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Post ID: @cbv+WQRSJcC

Same old information over and over and over.

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Post ID: @hzs+WQRSJcC

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