In re the Claim of Kaplan

—Appeal from a decision of the Unemployment Insurance Appeal Board, filed October 4, 1994, which reduced claimant’s weekly unemployment insurance benefits pursuant to Labor Law § 600 (7).

The Unemployment Insurance Appeal Board ruled that *739claimant’s unemployment insurance benefits were properly reduced from $300 per week to zero after claimant’s previous employer paid claimant his profit-sharing pension benefits in a lump sum, which claimant reinvested in an individual retirement account (IRA) (see, Labor Law § 600 [7]). Claimant challenges the Board’s decision, contending that the roll-over…