Claimant worked for his employer for 46 years until October 14, 1985 when he was terminated due to nondisqualifying circumstances. Claimant chose to formally retire in order to protect his medical benefits. The retirement became effective November 1, 1986 and claimant elected to receive his pension benefits in a lump-sum payment. However, because of administrative delay in processing his pension application, he did not actually receive the...
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