Difference between revisions of "Benefit Period of Employment Insurance (8:V)"

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Section 10(8) states that a benefit period terminates when:  
Section 10(8) states that a benefit period terminates when:  
#no further benefits are payable to the claimant in his or her benefit period;   
#no further benefits are payable to the claimant in his or her benefit period;   
#the benefit period would otherwise end under this section; and  
#the benefit period would otherwise end under this section; and  
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#*c) qualifies to receive benefit under this part of the ''EI Act''.  
#*c) qualifies to receive benefit under this part of the ''EI Act''.  


:'''NOTE:''' The way benefit rates are calculated under the ''EI Act'' can make the timing of the decision to end one claim and start a new one  crucial. Therefore, it may be better for a claimant to terminate an existing benefit period prior to its expiration and establish a new one, in order to use working periods during the benefit period that may improve his or her benefit rate orattachment.
:'''NOTE:''' The way benefit rates are calculated under the ''EI Act'' can make the timing of the decision to end one claim and start a new one  crucial. Therefore, it may be better for a claimant to terminate an existing benefit period prior to its expiration and establish a new one, in order to use working periods during the benefit period that may improve his or her benefit rate or attachment.




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