EI changes now in effect

EI changes now in effectChanges to the Employment Insurance maximum insurable earnings and benefit came into effect on January 1, 2018.

The maximum insurable earnings has increased to $51,700 per year.  The maximum weekly EI benefit is now up to $547. 

For employees whose short-term disability (STD) plans have a maximum benefit set at the EI maximum, rather than a separate specific amount, that maximum automatically increased January 1. For those whose STD plans are set at a specific dollar amount (and if that amount is less than $547 per week) and who participate in an EI premium reduction program, the plan will need to be amended to at least $547 per week in order to remain eligible for the premium reduction.