Can I receive unemployment benefits if I am receiving severance pay?

Yes, you may still be eligible to receive unemployment benefits if you are receiving severance pay. However, the amount of your severance pay could impact the benefits you receive. In Alaska, severance pay typically delays the start date of your unemployment benefits, meaning that you may not be able to receive benefits immediately after your separation from work. Once your severance pay is exhausted, you can then begin receiving unemployment benefits, provided you meet the state's eligibility requirements. It is important to note that receiving severance pay may affect the amount of unemployment benefits you are eligible for, as it could reduce the weekly benefit amount or the duration you are eligible to receive benefits.