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SUB Plans

Topping up employee pay during temporary layoffs using a Supplementary Unemployment Benefit Plan (SUB Plan) (Canada)

Recently, more employers have begun to consider using Supplementary Unemployment Benefit Plans (SUB Plans) to provide financial assistance to their employees during a period of layoff due to temporary stoppage of work, training, or illness, injury or quarantine.

 

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EI waiting period changes January 1, 2017

As reported by Yosie Saint-Cyr in the October 24, 2016 edition of HR Infodesk, the federal Employment Insurance Act was amended on June 22, 2016, in part to decrease the waiting period for benefits to commence from two weeks to one week. The new waiting period is to commence on January 1, 2017. The change, in effect, reduces the total benefit entitlement period under EI, although it doesn’t change the maximum benefit period, or weeks of benefits payable.

 

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