Tuesday, January 6, 2009
Can I collect E.I. while my CPP application is processing (Canada)?
If I was laid off with no earnings beyond September 30, am I entitled to apply for Employment Insurance? Assuming I can, what happens if I get more Employment Insurance in the course of a month than the $863 in earnings allowed by CPP? Will I just be asked to pay a higher rate of tax on the overage, or will I be required to pay back the difference?
Gosh, retiring ain't as easy as it's cracked up to be! I'm almost out of savings as it is, because I haven't had any income for almost three weeks! Rules seem to cancel out rules here, and it's so confusing for this l'il ol' lady ;-)
I truly appreciate any answers, suggestions or help you can offer.
P.S. I turned 60 on September 29th.
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