Saturday, January 31, 2009

What people need to know before commenting on Employment Insurance

Employment Insurance benefits are 55% of your weekly income, to a maximum of $447 a week (which is equal to just over $23,000 a year).

This means if you make $100 a week, you'll get no more than $55 a week in EI.
If you make $500 a week, you'll get no more than no more than $275 a week in EI.
If you make $1000 a week, you'll get no more than $447 a week in EI.
If you make $2000 a week, you'll get no more than $447 a week in EI.

All these amounts are before tax.

2 comments:

laura k said...

I don't know how people survive on EI. Especially considering most people's rents or mortgage payments are geared toward their current salaries.

impudent strumpet said...

I know! I'd love to know more about the financial situations of people who think it's a lot.