In January, I wrote about a coworker’s suggestion that I apply for unemployment when the contract that I was on was over — even though I didn’t need the job when I took it. Comments on the piece overwhelming supported my decision not to apply for unemployment compensation. (see Applying for Unemployment)
The contract was over at the end of August. In the turbulent economic months since then, I’ve had a few moments where I’ve thought about the extra cushion that unemployment income could provide. However, I’ve never had a moment where I regretted my decision.
A few weeks ago I was at one of our every-other-week retirement breakfasts when I heard some fellows talking about putting in for unemployment benefits after thay had finished a contract job. The nature of the industry that we retired from is that there is a lot of opportunity for contract work for those with the right experience and/or credentials. It wasn’t surprising that the idea of putting in for unemployment had occurred to others.
Apparently a couple of them had actually applied.
They were turned down!
They weren’t qualified because they were making too much money from their pension!
Since I was a contract worker working as an employee and NOT an independent contractor, if I didn’t have any other income, I could have applied for unemployment payments. However, with my pension and other income, it didn’t seem right to apply.
In the end, I was not only morally right, but legally right, as well.
I would not have been able to receive unemployment compensation.