It has often been said that bad things can happen to you even without your cooperation. That can also be said about jobs and careers. Shortage of available work, mass lay-off and retrenchments, reorganizations and mergers, in today fast pace anything can happen. When it comes, the experience can be devastating for many, made worse when savings are not enough, debts are high and payments are in arrears.
Being prepared is always the best way to cushion the effects of loosing income. Having insurance employment makes you continue to enjoy the benefits of income. Employment insurance can aid you on receiving maternity, sickness compassionate care services, provide support for a member of the family who is ill, caring for an infant, even fishing benefits and many more.
To apply for an employment insurance all you have to do is submit an application online. Employment insurance is paid even when the applicant will receive money when unemployed.
When applying for an employment insurance a "Record of Employment" will be required from you that you will have to get from your last employer or a proof of employment like pay slips, pay stubs and certification.
Other documents that you will need when you apply for an Insurance Employment will include:
Social insurance Number. If your SIN number starts with a 9, that means that you are an immigrant and will need to also supply your immigration status and work permit. You will have to supply a record of employment covering the past 52 weeks When claiming for medical and sickness benefit, a medical certificate will have to be furnished. When applying in person, prepare your driver's license, passport or a birth certificate. Furnish also complete bank information.
Checks or voided checks from your current personal account will be required, as payments will be made direct to that account. When applying for parental benefits, the Social Insurance number of the other parent will be required.
If you are applying for compassionate care benefit, a medical certificate has to be supplied. You will also have to provide your version of the facts surrounding the cause of your unemployment. Together with this is a statement of the total salary before deductions, including commissions and other income benefits, the total amount that you will receive including severance pay, vacation pay, pension etc.
Do not delay when applying for an employment insurance, delaying the application beyond four weeks can cause penalties or loss of benefits.
If you receive financial assistance form the social services while waiting to get the Insurance employment claims, you will have to reimburse the amount out of your employment insurance benefit.
If you are indisposed and can not apply for your employment insurance, an appointment representative can be assigned to do the application on your behalf,
After you have applied for your employment insurance, you will receive in your mail a benefit statement including an access code and the date for your first report. Having an access code does not yet mean that your claim has already been decided on. Together with this will be an instruction on how to complete your report.
If you have filed your report with all the required information satisfied, you will start receiving your employment insurance benefits 28 days after the filing.
When it comes to working in Canada, most of us will only see a fraction of what we actually earn in the average workweek. The reason? Canada is a ?socialized? country, and that means we have plenty of programs at work that are intended to make life less costly for those who can least afford it. These programs are funded by taxes, and taxes come in many different forms.
One of the most misleading of these taxes is what is known as Employment Insurance. Not only is the name misleading (paying out these fees won't ensure employment, it is meant to keep people paid when they are unemployed), but also really doesn't operate in the way insurance should; it is in no way optional. Most of the time Employment Insurance premiums are paid by the employee and the employer before the pay cheque is handed out. Of course, when it comes to claiming your Employment Insurance benefits you can expect the Canadian Government to operate just like any insurance program; that is to say, good luck actually seeing any of that money returned!
Are there exceptions to the EI payment rules?
Operating as a tax is not the only way in which Employment Insurance displays the unique stamp of government operation. It can also be next to impossible to find out any specific details of the program, beyond that various officials believe it should be paid. In researching this article, we took a look at various sites, including the government of Canada site, and contacted MPs and MLAs across the country and of course various bureaucratic offices, and no one seemed to know for sure if Employment Insurance operated as an optional payment plan for the self employed individual or if it was a requirement; after all, should you lose your job in this case, you are not eligible for EI payments.
But what if you work for a family member? Well, it seems to be a bit clearer in this case, though it is not spelled out in English (or French!) anywhere. Companies must contribute to the Employment Insurance program, and parts of the contributions are those made by the employees. In this way, the fund for EI has grown so large that it will probably never be spent.
So, no matter who owns the company that you work for, the odds are pretty good that you will be paying into this government sponsored insurance scheme. Rest easy, though, because if you satisfy points A to Z, you just might be covered in the event of a tropical storm.
Both Robert Thatcher & Rob Parker are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Robert Thatcher has sinced written about articles on various topics from Employment, Infants And Toddlers and Shopping. Robert Thatcher is a freelance publisher based in Cupertino, California. He publishes articles and reports in various ezines and provides employment insurance resources on. Robert Thatcher's top article generates over 40500 views. to your Favourites.
Rob Parker has sinced written about articles on various topics from Real Estate, Network Marketing and Real Estate. Get the most out of your . Hiring a firm that specializes in preparing these claims will save you time and the stress of wondering if you ha. Rob Parker's top article generates over 301000 views. to your Favourites.