The Employment Insurance (EI) program endow with temporary income supported to unemployed workers while they look for employment or to upgrade their skills. EI managed by the service Canada and supported by both you and your employer.
In Canada, you’re permitted to avail Employment Insurance (EI) as a Permanent residency or Citizen; moreover, there is few different kinds of EI, which are available to those who are willing to work. The Canadian government simply manages the funds in the fairway as to benefits the most deserving.
Outline- Employment Insurance (EI)
EI (Employment Insurance) offers partial income replacement when you lose your job and these payments are delicacy as taxable income, applicable federal and provincial taxes are deducted.
Avail EI for anywhere from 14 weeks up to a maximum of 45 based on the unemployment rate in your region and the number of insurable hours you have accumulated in the previous year.
EI (Employment Insurance) Eligibility:
You can avail benefits of EI, if you meet eligibility criteria as follows:
- If you were employed in insurable employment
- if you lost your job without any slip of your own
- if you have worked for the required number of insurable employment hours in the last 52 weeks or since the start of your last EI claim, whichever is shorter;
- if you are ready, willing and capable of working every day
- If you are actively looking for work (you must keep a written record of employers you contact, including when you contacted them).
- you can eligible if you are without work and without pay for at least 7 consecutive days in the last 52 weeks
Ineligibility for EI:
You are application may reject if you:
- are confined to a jail or similar institution
- were terminated for misconduct
- voluntarily left your job without just cause
- individuals who are unemployed as they directly joining in a labor dispute
Type of EI Benefits
- Maternity and parental benefits – for the individual who cannot work as they are Pregnant or recently had a baby or adopting a child or caring for a baby
- Regular benefits – for the people who lose their job through no fault of their own, they were laid off, they have potential to work but unable to find the job
- Considerate care benefits – for the individuals who are away from the work temporarily to care or support their family member who is ill with a major risk of death.
- Sickness Benefits – for the individual who unable to work as they their sick, injured or isolation
- Fishing Benefits – this benefits for self-employed fishers who are actively seeking work
- For parents of critically ill children – this is for the parents who take time off work to care for their critically ill or injured child. know more briefly about EI Benefits
While you on EI:
When you work and receive EI regular benefits at the same time you should report your work earnings and hours for each week. If you avail other payments while receiving EI, some types of earnings will be deducted from your EI benefits and there are no other incomes to impact on EI benefits