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Difference between revisions of "Quantifying Employment Insurance Benefits (8:VI)"
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Quantifying Employment Insurance Benefits (8:VI) (view source)
Revision as of 21:00, 20 July 2021
, 21:00, 20 July 2021no edit summary
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{{REVIEWED LSLAP | date= | {{REVIEWED LSLAP | date= June 24, 2021}} | ||
{{LSLAP Manual TOC|expanded = EI}} | {{LSLAP Manual TOC|expanded = EI}} | ||
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* 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. | * 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 $ | The current ceiling for the maximum weekly benefits is $595 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, 2020, the maximum yearly insurable amount is $54,200. | ||
== B. Weekly Insurable Earnings == | == B. Weekly Insurable Earnings == | ||
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*family members of critically ill adults | *family members of critically ill adults | ||
As soon as a claimant completes the one-week EI waiting period, the pilot project will automatically apply to any money the claimant earns while the claimant is collecting EI benefits. | As soon as a claimant completes the one-week EI waiting period, the pilot project will automatically apply to any money the claimant earns while the claimant is collecting EI benefits. Due to Covid-19, the waiting period may be waived. (As of the time of writing, these changes are in effect until September 25, 2021. Please check the CRA website for potential extensions or changes). | ||
:'''How it works''' | :'''How it works''' | ||
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=== 1. Earnings During the Waiting Period === | === 1. Earnings During the Waiting Period === | ||
Due to Covid-19, the waiting period may be waived. (As of the time of writing, these changes are in effect until September 25, 2021. Please check the CRA website for potential extensions or changes). | |||
All earnings during the waiting period are deducted dollar for dollar from the benefits payable in respect of the first three weeks for which benefits are otherwise payable. There is thus little incentive to work during the waiting period. | All earnings during the waiting period are deducted dollar for dollar from the benefits payable in respect of the first three weeks for which benefits are otherwise payable. There is thus little incentive to work during the waiting period. | ||