Virginia Employment Commission Frequently Asked Question

What if I receive a pension, retirement, social security, etc?:

Your benefits may be reduced by the weekly amount of any pension, retirement pay, etc. that you receive from your most recent employer of 30 days or 240 hours or more, or from any employer in the base period of your claim. You will be asked to provide the amount and source of any pension when you file your claim. Failure to report changes in your pension, such as cost-of-living increases, when you file your weekly claim may result in an overpayment of benefits that you will be liable to repay. ** Note: Beginning with the week ending July 9, 2011 social security pension/benefits will no longer result in a reduction of unemployment insurance benefits.