who knows about unemployment insurance ?

Stifko

Diamond Member
Dec 8, 1999
4,799
2
81
Some fool was trying to tell me that if you collect unemployment, later on you will get less social security money.

Thats BS, right? You pay into a seperate unemployment fund than social security, I think. Pls Lemme know if I am correct.
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
That's horse's sh*t. The only way that could work is that, at least in Canada, while you're collecting unemployment it counts as an income. Since your income is lower you end up paying less towards social security. When it's time to retire if you've paid less perhaps you get less (not sure on that), but unemployment itself comes from a seperate fund than social security - at least in Canada it does. I dunno about US ;)