General Discussion
In reply to the discussion: Should there be a limit on how long one can receive unemployment benefits? [View all]doc03
(35,512 posts)when they could take a job. I will give an example the company I worked for shut down permanently in April 2009. The former employees could draw SUB (Supplemental Unemployment
Benefits) and TRA when added to un-employment gave them for 2 years of 80% of their former wages. Most everyone I know stayed on un-employment TRA and SUB until everything ran out. The reason was the benefits paid more than the jobs that are available and they figured someone would start the plant up again. Well they ran out their benefits before looking for a job, one of my friends finally got a another job starting next month after being off nearly 4 years. Myself I was lucky I turned 62 and after one year I retired. I know a lot of them that stayed on layoff collected SS and un-employment for another year until their benefits ran out.
I guess I was stupid, they got an another year of company pension benifits than I did. I just didn't want to lie week after week saying I was looking for work when I had no intensions of working.