b166er1337 wrote: ↑Jan 12th, 2012 9:52 amYour allowable earning is 40% of your EI rate. For example, the max rate for 2011 is $467/week, so the allowable earning is $187/week. Any earning over your allowable will be deducted dollar by dollar. Here is the example on Service Canada website:
Example: Your benefit rate is $300. Your allowable is $120. For a two-week report, you worked and declared $50 in the first week and $145 in the second week. We would not deduct anything for the first week of the report because you earned less than your allowable. However, for the second week of that report we would deduct $25 because although you earned a total of $145, you were allowed to earn $120, and we only deduct the difference.
Is there any benefit to work over the 40% if working part time and paying into EI? Does this parti-time job accumulate EI hours?