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I'm also with Chase and have been through this a few times! In my experience, once NY unemployment releases the payment, it usually hits Chase accounts pretty quickly - typically within 24-48 hours. Chase processes ACH transfers overnight, so there's a good chance you'll wake up tomorrow and see it there! I always set my phone to check around 6-7 AM because that's when most overnight deposits post. The fact that you got the release notification today is a great sign - the system is working as it should. Just try to stay patient (I know it's hard when you need the money!). If for some reason it doesn't show up by Thursday, that's when I'd start making calls, but honestly I'd bet you'll see it tomorrow morning!
This is super helpful! I'm also with Chase and waiting for my payment that was released today. It's really reassuring to hear from multiple people that Chase processes these overnight deposits around 6-7 AM. I'm definitely going to check first thing tomorrow morning instead of obsessively refreshing all day today. Thanks for the realistic timeline - knowing that Thursday would be when to start worrying helps set proper expectations. The waiting game is so stressful when you really need the money, but it sounds like Chase is pretty reliable with these unemployment deposits!
I've been dealing with NY unemployment payments and Chase for a while now, and from my experience, you should definitely see it within 1-2 business days! Chase is actually pretty reliable with these ACH transfers. Since yours was released today, I'd expect to see it hit your account tomorrow morning or Wednesday at the latest. The overnight processing usually happens between 2-6 AM, so check first thing when you wake up. I know the waiting is nerve-wracking when you really need the funds, but once you see that "released" status, you're basically in the clear. The banking system just needs to do its thing. Hang tight - it's coming!
Just wanted to add another perspective here - I'm currently 64 and went through this process last year. The NYS Department of Labor eligibility determination really comes down to your specific circumstances and how you present them. In my case, my position was eliminated as part of a company reorganization, even though I was close to retirement age anyway. The key was that I didn't initiate the separation - they did. I was approved for benefits, but I had to genuinely look for work and document my job search activities every week. It's not a retirement bridge - you really do need to be available and actively seeking employment. If you're planning to fully retire and not work again, unemployment benefits aren't the right solution. But if you're open to working and your employment ends involuntarily, age alone won't disqualify you. I'd recommend speaking with an employment attorney if you're unsure about your specific situation, as the nuances can be tricky.
Thank you Paolo, this is exactly the kind of real-world experience I was hoping to hear about. Your situation sounds similar to what I might face - being close to retirement age but having the company make the decision rather than me choosing to leave. The point about needing to genuinely look for work is something I keep hearing and need to really think about. I'm starting to realize that if I'm truly ready to retire and not interested in working again, then unemployment benefits probably aren't appropriate for my situation, regardless of whether I technically qualify. It sounds like I should focus more on financial planning for the gap years before Social Security kicks in rather than trying to use unemployment as a bridge.
I'm in a somewhat similar situation at 61 and have been researching this extensively. One thing I learned that might help is that NYS Department of Labor also considers whether you're receiving pension benefits when determining eligibility. If you start collecting a pension from your current employer, that can affect your unemployment claim even if the job separation was involuntary. Also, keep in mind that unemployment benefits are taxable income, so factor that into your financial planning. You might want to consult with a financial advisor about strategies for bridging the gap to Social Security - there are options like COBRA continuation, part-time consulting work, or drawing from retirement accounts that might be more suitable than trying to navigate the unemployment system if you're genuinely ready to stop working full-time.
Great point about pension benefits affecting eligibility - I hadn't considered that aspect at all! My company does have a pension plan and I was wondering if I could start collecting that if I left. It sounds like that could complicate things with unemployment benefits even further. The suggestion about consulting with a financial advisor makes a lot of sense too. I think I've been so focused on trying to figure out if I could get unemployment that I haven't properly explored all the other financial planning options available. Maybe I should step back and look at the bigger picture of retirement planning rather than getting hung up on this one potential source of income.
Does anyone know if this 4-hour rule applies to self-employment income too? I do some freelancing on the side and I'm trying to figure out how to properly report my hours.
Just wanted to add that if you're planning to adjust your work hours to stay under the 16-hour threshold, make sure to communicate with your employer about why you need specific hour limits. I had to explain to my manager that working 15 hours vs 16 hours makes a $187 difference in my weekly benefits. Most employers are understanding once you explain the situation, especially if you're a reliable worker. Some even prefer part-time employees who are clear about their availability limits. Also, keep track of EVERY minute you work - including training time, meetings, and even time spent reading work emails at home, as all of this counts toward your total hours reported to NYSDOL.
This is really good advice about communicating with employers! I wish I had known about tracking every single minute before I got into this mess. Question for you - when you say "time spent reading work emails at home" counts, does that mean if I check my work schedule on my phone for like 5 minutes, I need to report that too? I'm starting to realize I might have been under-reporting my actual work time without even knowing it.
One thing to watch out for - make sure your employer doesn't contest your unemployment claim. Some companies will argue that you quit by not returning to work even if you physically can't do the job anymore.
I'm in a very similar situation right now - my workers comp ended 3 weeks ago and I'm still dealing with shoulder restrictions from a workplace injury. From what I've learned, the most important thing is to be completely honest about your limitations when you file. NYS Department of Labor actually has a section in their application where you can specify your work restrictions. I'd recommend getting a written statement from your doctor that clearly outlines what type of work you CAN do, not just what you can't do. This helps show you're genuinely available for suitable employment. Also, start keeping a detailed log of your job search activities focused on positions that match your restrictions - customer service, administrative work, etc. The 3 weekly job contacts requirement still applies even with limitations.
Elin Robinson
Just want to say good luck with your job search! The restaurant industry has been tough but things are picking up in my area.
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Sarah Ali
@Sergio Neal - You can find the work search log form on the NYS Department of Labor website under the unemployment section, or they sometimes mail it with your initial paperwork. But honestly, you can just create your own simple log as long as it includes the required info: date, employer name, contact method, position applied for, and result. I keep mine in a simple notebook and it's worked fine for over a year of claims. The key is being consistent and detailed - don't wait until the last minute to catch up on your documentation like I did at first!
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Chloe Anderson
•Thanks @Sarah Ali, that's really helpful! I was wondering if I could just make my own log instead of trying to find some official form. A simple notebook sounds way more manageable than trying to navigate the DOL website. Did you ever have any issues when they reviewed your homemade log, or were they fine with it as long as all the required info was there?
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