Can I Collect Unemployment and Social Security Retirement?

Question: I am currently 65 years old. My questionretirement benefits. At present, only Louisiana and
is, can I apply and get Social Security benefits asIllinois offset unemployment benefits with Social
well as Unemployment Compensation? SomeSecurity retirement benefits. South Dakota has
people say you can't, but others say you can.changed its law, but the law has not yet been
What is the right answer? I live in Massachusetts.enacted so if you live in South Dakota, check with
Answer: I have received questions whether oryour state unemployment agency on when this
not a person can collect Social Security ("SS")will take affect.
retirement benefits and unemployment benefits atThe original federal law was enacted at a time
the same time. Many people think you cannot dowhen people retired at a much younger age and
this.those who were still working and who could claim
The concept that you cannot collect both benefitsunemployment were a minority. As our population
at the same time comes from past history whenhas aged and we are working well past the age
indeed, you could not collect both. SS is a federalfor collecting SS, this had to change and thank
program and unemployment compensation is agoodness it has in most states.
state program. Years ago, a federal law requiredSo if you live in Louisiana, Illinois, and possibly
states to offset unemployment benefits by partSouth Dakota, your unemployment benefits will
or all of the Social Security that a person wasbe reduced by fifty percent of your Social
receiving. Fortunately, the federal law wasSecurity benefits. However, anything is better
changed to allow individual states to make thethan nothing so go ahead and file for your
decision how this offset is handled.unemployment. In all other states, you will get
Most states changed the state law to allow fullyour full unemployment benefits.
retirement benefits with no offset due to SS