EMPLOYMENT INSURANCE 2011 Premiums and Benefits Human Resources and Skills Development Canada have announced the following changes for 2011: Summary of EI figures for 2010 and 2011 All Other Provinces Quebec 2010 2011 2010 2011 Maximum Yearly Insurable Earnings $43,200 $44,200 $43,200 $44,200 Maximum Weekly Benefit $457 $468 $457 $468 Employee Contribution -Rate per $100 of Insurable Earnings -Maximum Annual Contribution $1.73 $747.36 $1.78 $786.76 $1.36 $587.52 $1.41 $623.22 Employer Contribution (Without a Registered WI plan) -Rate per $100 of Insurable Earnings -Maximum Annual Contribution $2.422 $1046.30 $2.492 $1,101.46 $1.904 $822.53 $1.974 $872.51 Employer Contribution (With a Registered WI plan) -Rate per $100 of Insurable Earnings -Maximum Annual Contribution -Savings per $100 of Insurable Earnings -Savings in Maximum Annual Contribution $2.02237 $873.66 $0.40 $172.64 $2.10218 $929.16 $0.39 $172.30 $1.50416 $649.80 $0.40 $172.73 $1.58343 $699.88 $0.39 $172.63 Note that employee and employer EI premium rates are lower in Quebec than the rest of Canada as the province of Quebec began offering its own parental benefits in January 2006. Separate premiums are therefore required under the new Quebec Parental Insurance Plan (QPIP), since January 2006. Notes: 1. The Maximum Yearly Insurable Earnings and the Employee Contribution Rate are as specified each year. 2. The Maximum Weekly Benefit is: the Maximum Yearly Insurable Earnings divided by 52 (for the number of weeks in a year) multiplied by 55% (the current benefit percentage). 3. The Employer Contribution Rate (Without a Registered WI Plan) is: the Employee Contribution Rate multiplied by 1.4 (as specified by EI). 4. The Employer Contribution Rate (With a Registered WI Plan) is: the Employee Contribution Rate multiplied by the applicable Category 3 annual multiplier (from following the links below). 5.The Maximum Annual Contribution (or Savings in Maximum Annual Contribution) is: the Maximum Yearly Insurable Earnings multiplied by the applicable Rate (or Savings) divided by 100 (as Rates or Savings are per $100 of Insurable Earnings). Sources: http://www.ceifb-ofaec.ca/reports/2011%20CEIFB%20Rate%20Setting%20Eng.pdf http://www.servicecanada.gc.ca/eng/cs/prp/0300/0300_090.shtml