2025 & 2024 Employment Insurance Maximum Insurable Earnings
The Employment Insurance (EI) premium rate for 2025 is 1.64% for employees and 2.296% for employers, which is 1.4 times the employee rate. Contributors earning more than $65,700 in 2025 are not required or allowed to make additional contributions to EI.
Below is the comparison from 2023 to 2025:
|
2025 |
2024 |
2023 |
|
|
Maximum Pensionable Earnings |
$65,700.00 |
$63,200.00 |
$61,500.00 |
|
EMPLOYEE CONTRIBUTION |
|||
|
Maximum employee contribution |
$ 1,077.48 |
$ 1,049.12 |
$ 1,002.45 |
|
Contribution rate |
1.64% |
1.66% |
1.63% |
|
EMPLOYER CONTRIBUTION |
|||
|
Maximum employer contribution |
$ 1,508.47 |
$ 1,468.77 |
$ 1,403.43 |
|
Contribution rate |
2.296% |
2.324% |
2.282% |
Please note that this applies to each job. For example, during the year, if you switch employers, each employer will deduct the EI premium without considering the amount of EI premiums paid with the previous employer. The employee will receive a refund of any over-payments when income tax and benefit return is filed with the Canada Revenue Agency.
(This posting is for personal educational purposes only. Please consult your tax advisor for your specific situation).