EI Adjustment Options

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Employment Insurance Rates


EI Maximum Insurable Earnings

EI Maximum Employee Premium

EI Maximum Employee Premium (QC)

EI Premium

EI Premium (QC)

$51,300.00

$836.19

$651.51

1.63%

1.27%

 

NOTE: EI discrepancies are adjusted to and from tax deducted. Options D and E are the defaults.

 

Option D - Adjust EI premiums if over annual maximum (select alone or with option E or F)

If this option is selected, the EI will only be adjusted if it is greater than:

 

(EI Insurable Earnings x 1.63% (1.27% in Québec)) ...OR... ($836.19 ($651.51 in Québec))

 

Option E - Adjust EI premiums based on Insurable Earnings (select only one of options E and F)

If this option is selected, the EI will be calculated as:

 

EI Insurable Earnings x 1.63% (1.27% in Québec)

 

Option F - Adjust insurable earnings based on EI premiums (select only one of options E and F)

This option assumes the entered amount for EI deducted is correct. When this option is selected, EI insurable earnings will be calculated as the minimum of:

 

(EI Deducted / 1.63% (1.27% in Québec)) ...OR... ($51,300.00) ...OR... (Employment income)