iAtoday
In accordance with the Employment Insurance (EI) Act, the Canada Employment Insurance Commission will increase the annual maximum insurable earnings (MIE) from $61,500 to $63,200, effective January 1, 2024. Short-term and long-term disability insurance plans that are subject to the EI maximum benefit or that contain provisions associated with the MIE will be adjusted accordingly. Any necessary adjustments to short-term and long-term disability insurance premiums will be reflected on the January 2024 billing statement.
The table below highlights the MIE changes:
If you have any questions about employment insurance, visit the Government of Canada website.
Here is the communiqué that will be sent to group insurance plan administrators on December 18.
Read the French version of the communiqué.
Also in this issue
- Happy New Year 2024!
- Webinar on inclusivity in drug insurance: a well appreciated, must-attend event
- TFSA: increase in the annual contribution limit in 2024
- Quebec Pension Plan: changes as of January 1, 2024
- Plan member RRSP campaign
- iA Global Asset Management announces the addition of a second senior portfolio manager to its Fixed Income team
- Mawer announces organizational changes
- EDI: four new inclusive coverages available as of January 2024
- Wellness, a pillar of satisfaction
- Drug insurance in Quebec – pooling terms and conditions for 2024
- Vacation travel checklist