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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 19:49, 22 August 2022
, 19:49, 22 August 2022→A. Benefit Rate
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The benefit rate is set out in s 14 of the EI Act. The benefit rate is either: | 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); or, | * 55% of the worker’s weekly insurable earnings up to a maximum amount (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. | * 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 $639 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, 2022, the maximum yearly insurable amount is $60,300. | ||
== B. Weekly Insurable Earnings == | == B. Weekly Insurable Earnings == | ||