Increase in Employment Insurance (EI) Maximum Insurable Earnings Affects Short-Term Disability (STD) Plans

The federal government announced the 2022 EI premium rates and maximums.  New rates have been in effect as of January 1, 2022.

Maximum insurance earnings                     $60,300

Maximum weekly EI benefit                        $638

This increase affects STD plans where:

  • ● The maximum STD benefit is based on the EI maximum weekly benefit ($638 for 2022), or
  • ● The EI maximum earnings amount is used to calculate the STD benefit

Source: GroupLine, Canada Life