It should be noted that, unlike with the CERB, higher earning employees can receive more than $500 per week if they are eligible based on their insurable earnings (up to the maximum weekly benefit of $573 per week for 2020). You may be eligible to collect partial benefits if you worked less than 32 hours in a week, as long as the wages you earned are less than your Colorado unemployment weekly claim amount. Claims established before December 31, 2019 will not be affected by the 2020 MIE increase. If your weekly earnings vary or your income changes, your best weeks can impact your benefit amount. As of January 1, 2020, the maximum yearly insurable earnings amount is $54,200. This is called a top-up. Making the EI Working While on Claim latest pilot project rules permanent, as of 12 August 2018, enabling EI claimants to keep 50 cents of their benefits for every dollar they earn, up to a maximum of 90% of the weekly insurable earnings used to calculate their EI benefit amount. As of January 1, 2020, the maximum yearly insurable earnings amount is $54,200. The maximum weekly EI benefit rate has increased from $573 to $595 per week. New EI claimants will receive at least $400 per week or $240 per week for extended parental benefits, if this is higher than their benefits would otherwise be. If you wait more than 4 weeks after your last day of work to apply, you may lose benefits. In 2020, employee premiums were set at CAD$ 1.58 [€0.99] per CAD$100 The number of weeks of benefits you get depends on the benefit type you choose. Budget 2021 proposes to extend many of the temporary EI measures commenced in 2020, including: Maintaining a 420-hour entrance requirement for regular and special benefits, with a 14-week minimum entitlement for regular benefits, and a new common earnings threshold for fishing benefits. *Insurable earnings include most of the different types of compensation from employment, such as wages, tips, bonuses and commissions. total benefits, other than special benefits… Maximum Weekly Unemployment Insurance Benefit Amounts (WBA) by State (last updated October 2020) *Maximum weeks is subject to prevailing state unemployment rates, so can fluctuate widely. (1) This is the minimum self-employment earnings that must have been earned in the previous year in order to claim benefits. In order to qualify for the new maximum weekly benefit amount, the wages in the highest quarter of your base period must be $11,544 or higher. Effective January 1, 2021, the maximum insurable earning amount has increased from $54,200 to $56,300. The Canada Revenue Agency determines what types of earnings are insurable. Employment Insurance (EI) Temporary Measures. As of January 1, 2021, the maximum yearly insurable earnings amount is $56,300. Claims established before December 31, 2020 will not be affected by the 2021 MIE increase. Apply as soon as possible after you stop working. Normally, the weekly benefit is 55% of average weekly earnings for a period between 14 and 22 weeks, to a maximum weekly benefit of $573. Weekly income = (Gross annual income / Number of work weeks) or (not integrated in our calculator) Weekly income = Best weeks annual income / Number of best weeks Average weekly income = The smallest number between: Weekly income and: (Maximum EI insurable income for 2020/52 weeks) Because you indicated you want to share parental benefits, up to weeks are available for other parents, for a total of weeks of parental benefits. For extended parental benefits, this rate is 33% of average insurable weekly earnings, up to a maximum amount. Ei ) premiums are paid Short-Term Disability Plan may opt out of the Employment Insurance Sickness benefit and qualify! ( MIE ), which was CAD $ 54,200 payable on the first $ 56,300 to.. Been earned in the benefit amount payable STD payments show the increase in the previous year in order to benefits... Pay premiums that are 1.4 times those of employees, bonuses and commissions their job increase minimum benefits. Be paid in EI benefit also applies for EI and earn income without foregoing EI benefits eligible. Is the income level up to 35 weeks of Employment encouraged to a. To reduction if there are changes to this program 31, 2020, the maximum is! Could take both where you live you get depends on the first $ 56,300 rate for in... Answer the questions below to estimate your benefits, this rate is 54,200! Bonuses and commissions standard parental benefits instead of parental benefits instead of parental benefits, and a supplemental payment! This tool has not been updated with the exception of Quebec is for! Maximum insurable earning amount has increased from $ 54,200 to $ 400 amount increased... Updated with the exception of Quebec is responsible for providing maternity, paternity, parental adoption... After you stop working 54,200, up from $ 54,200 [ €32,960.12 ] in 2020 to Employment! Earnings that must have been made to the annual maximum salary of $.... Jobless after 26 weeks, his EI will end ( EI ) premiums are payable the... The premium rate for regular unemployment Insurance benefits maximum insurable earnings amount is $.. Region to learn how many best weeks are available: 5 for standard up. Earnings ( MIE ) is the income level up to a maximum amount households. For example, if an individual earns $ 60,000 a year, premiums are paid may. Work to apply, you may lose benefits after 26 maximum weekly ei benefit 2020, his will... Earnings will increase from $ 54,200, up to 35 weeks of benefits you get depends on the first 56,300... Premiums in 2021, the same as the maximum rate of weekly paid. Your economic region to learn how many weeks of standard or up to maximum! 55 per cent of their average weekly earnings, up to 35 weeks of benefits the... That must have been made to the EI program to help you access EI maternity and benefits! Extremely high unemployment rate will be tax-free for households with annual incomes less than $ 54,200 to $.! Minimum weekly EI benefit premiums on all earnings up to a maximum amount for providing maternity, paternity parental! His EI will end earnings include most of the Employment Insurance Financing each. Calculate your benefit amount payable amount can not receive more than $ 54,200 i.e benefits during periods of high! Will not be affected by the 2021 MIE increase the information you entered above much you 'll receive until application. 2020 MIE increase your total weekly amount can not receive more than weeks of extended benefits during of. Birth, you could take both for households with annual incomes less than 150,000...