In re the Claim of Ziegler

Appeal from a decision of the Unemployment Insurance Appeal Board, filed October 4, 2004, which ruled that claimant’s benefit rate should be reduced to zero because he was receiving payments under a pension plan financed solely by his employer.

Claimant’s 24-year employment with Valeo Electrical Systems, Inc. ended in November 2003 after he left his employment pursuant to a “Retirement Acceleration Program” offered by the employer in order to effectuate a reduction in the work force.* The program is fully funded by the employer, does not include any funds from an established pension fund and…