Benefit Period of Employment Insurance (8:V): Difference between revisions
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Benefit Period of Employment Insurance (8:V) (view source)
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, 22 August 2022→C. Income That is Treated as Earnings
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Income that counts as “earnings” includes, but is not limited to: | Income that counts as “earnings” includes, but is not limited to: | ||
*a | *a) retirement payments and retirement leave credits or payments in lieu; | ||
*b) most bonuses and gratuities; | |||
* | *c) wages in lieu of notice; and | ||
* | *d) vacation pay. | ||
* | |||
See section 35(2) of the EI Regulations for more detail. | See section 35(2) of the EI Regulations for more detail. Please note that severance pay is normally included in the list above and may be added in after September of 2022. | ||
It is important to note some income, while generally considered earnings, will not prevent an interruption of earnings. For example, the fact that a worker receives severance, pay in lieu of notice, or vacation pay after getting laid off will not delay the interruption of earnings. The claimant should still apply for EI as soon as possible after they stop working to make sure their application is not late, even if the money they get from the employer due to the layoff may delay the start of their actual EI benefits.. | It is important to note some income, while generally considered earnings, will not prevent an interruption of earnings. For example, the fact that a worker receives severance, pay in lieu of notice, or vacation pay after getting laid off will not delay the interruption of earnings. The claimant should still apply for EI as soon as possible after they stop working to make sure their application is not late, even if the money they get from the employer due to the layoff may delay the start of their actual EI benefits.. |