Difference between revisions of "Quantifying Employment Insurance Benefits (8:VI)"

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== A. Benefit Rate ==
== A. Benefit Rate ==


The benefit rate is set out in s 14 of the ''EI Act''. It is:  
The benefit rate is set out in s 14 of the EI Act. The benefit rate is either:
*55% of the worker’s weekly insurable earnings (see next section)  
*If (1) the claimant or the spouse of the claimant has dependants and (2) the benefit rate of 55 percent amounts to less than $225 a week or the family income is less than $25,921, then the claimant may also be entitled to a family supplement.  
* 55% of the worker’s weekly insurable earnings (see next section); or,
* if (1) the claimant or the spouse of the claimant has dependents and (2) the benefit rate of 55% amounts to less than $225 a week or the family income is less than $25,921, then the claimant may also be entitled to a family supplement.


The current ceiling for the maximum weekly benefits is $543 per week. Always check Service Canada’s “Employment Insurance Regular Benefits” webpage to ensure this information is up-to-date at http://www.servicecanada.gc.ca/eng/sc/ei/sew/weekly_benefits.shtml. Effective January 1, 2017, the maximum yearly insurable amount is $51,300.
The current ceiling for the maximum weekly benefits is $547 per week. Always check Service Canada’s “Employment Insurance Regular Benefits” webpage to ensure this information is up-to-date at https://www.canada.ca/en/services/benefits/ei/ei-regular-benefit.html. Effective January 1, 2018, the maximum yearly insurable amount is $51,700.


== B. Weekly Insurable Earnings ==
== B. Weekly Insurable Earnings ==
5,109

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