Forced Retirement / EI afterwards?
Lets say you are getting terminated but they offer retirement (AGE 64) package, Can you go on EI or is it better to say no thanks to forced retirement and just get fired?
Nov 10th, 2013 7:48 pm
Nov 10th, 2013 8:13 pm
Nov 10th, 2013 8:19 pm
Nov 10th, 2013 8:31 pm
Nov 11th, 2013 2:16 pm
Nov 11th, 2013 2:27 pm
Nov 11th, 2013 2:56 pm
Nov 11th, 2013 3:13 pm
Generally speaking, if a person is fired, (dismissed for cause) he is not eligible to receive EI. So that doesn't seem like a good option.
Nov 11th, 2013 6:40 pm
Receiving a pension doesn't make you ineligible, provided you're still looking for work. The pension monies would be allocated and deducted from your payments.MexiCanuck wrote: ↑Nov 11th, 2013 3:13 pmGenerally speaking, if a person is fired, (dismissed for cause) he is not eligible to receive EI. So that doesn't seem like a good option.
Your description of "they offer retirement" is unclear. Would he be proceeding to immediately draw a pension? If so, he would be considered to have left the workforce and not be eligible upon receiving pension income. He would be eligible to re-qualify for EI by reentering the workforce and reestablishing himself as a claimant, i.e., by working the number of required weeks in the geographic area.
There is an EI expert on RFD. I suggest you search for his ongoing thread and benefit from the knowledge of someone who worked in the field for many years.