How much will you receive?
The basic benefit rate is 55% of your average insured earnings up to a yearly maximum insurable amount of $43,200. This means you can receive a maximum payment of $457 per week. Your EI payment is a taxable income, meaning federal and provincial or territorial, if it applies, taxes will be deducted. Calculate the amount you will receive.
You could receive a higher benefit rate if you are in a low-income family — an income of less than $25,921— with children and you or your spouse receive the Canada Child Tax Benefit (CCTB) , you are entitled to the Family Supplement. **
** The Family Supplement is a feature of Employment Insurance (EI) that provides additional benefits to low-income families with children. You do not have to apply for it, if you are eligible your entitlement will automatically be added to your Employment Insurance payment.
Who is eligible?
If you or your spouse receive the Canada Child Tax Benefit (CCTB), a program administered by Canada Revenue Agency (CRA), then you are eligible to receive the EI Family Supplement on your family net income up to and including $25,921 per year.
The Family Supplement rate is based on :
- your family net income up to a maximum of $25,921 per year; and
- the number of children in the family and their ages.
If you or your spouse claim Employment Insurance benefits at the same time, only one of you can receive the Family Supplement. Usually, it would be better for the spouse with the lower benefit rate to receive the Family Supplement.
The information in this article comes from Service Canada.
