Green Ridge Mining, Inc. v. Indiana Unemployment Insurance Board

RATLIFF, Chief Judge.

STATEMENT OF THE CASE

Green Ridge Mining, Inc. appeals the decision of the liability referee of the Indiana Employment Security Board, Employment Security Division in which the referee held that a $15,000 settlement payment to a former employee did not constitute deductible income under Indiana Code section 22-4-5-1, and that, therefore, the former em ployee’s unemployment benefits would not be adjusted. We affirm.

FACTS

Mark Kraus was employed by Green Ridge Mining, Inc. as a mechanic and a welder from October 4, 1984, to January 19, 1987. On that date Kraus was terminated…