Plain meaning
The federal statute establishing Employment Insurance benefits and premium rules.
Also called
EI Act
Key points
- The Act governs Employment Insurance benefits and related premium obligations.
- Employees and employers pay EI premiums up to annual limits.
- Benefit rules can cover regular benefits, sickness, maternity, parental, caregiving, fishing, and special situations.
- Changes to EI rates or maximum insurable earnings directly affect payroll calculations.
Why it comes up
EI Act changes can affect payroll deductions, employer costs, benefit eligibility, workers, and self-employed special-benefits coverage.