SUPPLEMENTAL UNEMPLOYMENT BENEFIT (SUB) -
aka: Maternity “top-up” benefit
Note: not available to employees on Parental Leave
Eligibility requirements & Benefit Calculations
This benefit is available to only the teachers and principals of the CISVA who
meet the Employment Insurance Regulations, as it forms part of these
employees’ compensation package. The benefit is provided to assist employees who
experience a wage-loss during their pregnancy.
The benefit requires that each CISVA school provide additional financial support
to teachers and principals who are on an approved maternity leave by
supplementing the standard EI maternity benefit. The school’s financial support
increases the standard EI benefit from 55% (2009 EI rate) to 75% for a period of
6 to 15 weeks according to the prognosis all of the employee’s doctor.
A sample calculation of the SUB formula is as follows:
Formula:
|
EXAMPLE:
| 1. Teacher delivers and experiences wage-loss during said year (Sept. 1 – June 30) | |
| ► Regular gross salary: | $49,082.00 |
| ► Gross weekly salary: $49,082 divided by 52 weeks | = $943.88 |
| ► 75% of gross weekly salary | = $707.91 |
| ► Gross EI benefit (max is $447) based on $42,300 | = $447.00 |
| ■ Amount payable as
“top-up” per week (75% Weekly salary - EI benefit) |
= $260.91 |
Please note that this is a taxable benefit; therefore, it will be reflected
on your T4 form. As a result, this benefit is subject to CPP contribution and EI
premium deductions.
This benefit is not payable during the months of July and August as there is
no wage-loss during this time.
WHAT INFORMATION IS REQUIRED FROM YOU
The maternity top-up benefit is not automatically paid-out to you. Your local
school will require the following information first, prior to any payment
being issued: