CERB to EI Transition | Canada Recovery Benefit | Sickness Benefit | Caregiving Benefit | Explained

CERB has been extended by a month, EI has been changed and the government has introduced 3 new measures to helps Canadians recover from our economic crisis.
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What is happening to the Canada Emergency Response Benefit and Employment Insurance?
The government is extending the CERB by an additional four weeks, thus offering a maximum 28 weeks of benefits, which equates to $14,000 of CERB. After that maximum is reached the government will launch a “simplified” EI program and three new kinds of benefits on Sept. 27.
Those on CERB will be able to transition to EI if they qualify under new parameters.

How many hours do you have to work to qualify for the new EI?
Canadians will now qualify for EI after working as few as 120 insurable hours, the equivalent of about 3.5 weeks, in the last 52 weeks. Those claiming EI will receive a one-time credit of about 300 insurable hours for claims, if they have lost their job, or 480 insurable hours, if they have taken leave for a sickness, pregnancy or parental, compassionate care or family caregiver reasons.

The reason these credit hours are being award is because, normally, the number of insurable hours a claimant needs to have accumulated in their qualifying period to be eligible for EI regular benefits – ranges from 420 to 700.

Those credits will be available for one year and retroactive to March 15 for those who wanted to switch from CERB to EI maternity, parental, compassionate care, family caregiver or work-sharing benefits, but were limited because they did not meet the hourly requirements.

How much money will people receive?
New EI claimants will receive at least $400 per week or $240 per week for extended parental benefits if this is higher than their benefits would otherwise be.

Previous EI claimants were given 55 per cent of their average weekly earnings, up to a maximum $573 per week in 2020.
What if I’m self-employed or don’t qualify for EI?

The first of the three new benefits is the Canada Recovery Benefit for workers who are self-employed or not EI-eligible and still require income support because their work has not yet returned due to COVID-19.

Canadians who were already on EI as the lockdown started in mid-March and have exhausted benefits will be able to transition to the new Canada Recovery Benefit if they continue to be unable to find employment due to COVID-19.

What if I get sick or must isolate for COVID-19?
The government will offer the new and temporary Canada Recovery Sickness Benefit to provide income support for workers that are sick or must self-isolate because of COVID-19.

The benefit will offer $500 per week for up to two weeks and cannot be received while claimants are also taking paid sick leave.

Workers would need to have missed a minimum of 60% of their scheduled work in the week for which they claim the benefit.

What if I have to look after kids or family member?
The government has announced the Canada Recovery Caregiving Benefit, a new and temporary program for workers who must miss work to care for a child under the age of 12, a family member or dependant because schools, daycares or day program facilities are closed due to COVID-19.

This benefit offers $500 per week for up to 26 weeks per household. It may be shared, but only one member of a household at any time can receive the benefit.

Workers who prefer to keep dependents at home when facilities are open are not entitled to the benefit.

How much will all these programs cost?
All told, $37 billion. The government says the three new recovery benefits, which will be taxed at source, are expected to cost $22 billion; the extension of CERB another $8 billion; and added EI costs are set at $7 billion.

To learn more about the new benefits, visit the government of Canada website:
https://www.canada.ca/en/employment-social-development/news/2020/08/supporting-canadians-through-the-next-phase-of-the-economy-re-opening-increased-access-to-ei-and-recovery-benefits.html

#CanadaRecovery #CanadaBenefits #CERB

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