SM Blog: » see older posts
- Sunday March 11, 2012
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The Winnipeg Art Gallery Presents...
American Chronicles: The Art of Norman Rockwell March 2, 2012 to May 20, 2012 - » Read More
- Sunday March 11, 2012
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National Exposure
In addition to speaking on current benefit trends at the HRPA in Toronto last month, Kevin and I were both published in National industry magazines... - » Read More
- Thursday March 1, 2012
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Jets Make a Big Splash at DU Ministers Dinner
Shane Hnidy (TSN - Retired Boston Bruin), Dustin Byfuglien and Zach Bogosian support Ducks Unlimited and the Oak Hammock March Interpretive Centre - » Read More
SM Benefits & Pensions:
Increase in Employment Insurance Maximum Insurable Earnings
Posted by: Debbie Pinder
Effective January 1, 2011 the EI maximum yearly insurable earnings increased from $43,200 to $44,200. As a result, the maximum weekly EI benefit amount rose from $457 to $468.
Possible impact on contracts that include the Weekly Indemnity Benefit
The impact of this change depends on the Weekly Indemnity Benefit amount that appears in your contract:
1. If the benefit amount provided in your contract is higher than the new maximum weekly EI benefit amount, the change has no impact.
2. If the benefit amount is defined as the maximum weekly EI benefit amount, the change has been automatically implemented by your insurance provider.
3. If the benefit amount provided for under your contract is less than $468, your plan's Weekly Indemnity Benefit will no longer be eligible for the Employment Insurance (EI) Premium Reduction Program. You should contact your insurance provider or benefits consultant.