Complete Guide to Unemployment Benefits: From Eligibility to Benefit Amount

Going through a difficult time due to unexpected unemployment? Find stability and a springboard for a comeback through unemployment benefits. This article details everything you need to know about applying for and receiving unemployment benefits.

Why are unemployment benefits necessary?

Unemployment benefits are a system that supports workers experiencing economic hardship due to unemployment. It acts as a social safety net, helping them maintain their livelihood and find new jobs during their unemployment period.

Can everyone receive unemployment benefits?

No. There are several conditions that must be met to receive unemployment benefits.

🔗 Unemployment benefits: Conditions, duration, and amount

• Employment Insurance Enrollment: Must have been enrolled in employment insurance for the 18 months prior to leaving the job.
• Involuntary Unemployment: Must be unemployed due to circumstances beyond their control, such as company situations or restructuring.
• Active Job Search: Must continuously make efforts to find employment during the unemployment period.

How much can you receive in unemployment benefits?

The amount of unemployment benefits received is calculated by multiplying 60% of the average pre-termination wage by the number of days of benefits. However, there are upper and lower limits, so the actual amount paid may vary depending on individual circumstances.

How long can you receive unemployment benefits?

The duration of unemployment benefits depends on the age at the time of termination and the duration of employment insurance enrollment. Generally, it can last from 120 to 270 days, and with special reasons such as illness or injury, it can be extended up to 4 years.

How do I apply for unemployment benefits?

• Required Documents: ID card, employment insurance insured person eligibility history, termination confirmation, etc.
• In-Person Visit: Visit your local employment center to apply.
• Online: Apply online through the Employment Insurance website.

Frequently Asked Questions about Unemployment Benefits

• Can I work part-time while receiving unemployment benefits?
  • It is possible up to a certain amount, but if your income exceeds a certain level, benefits may be discontinued.
• Can I start a business while receiving unemployment benefits?
  • Generally, this is not allowed.
• Can my unemployment benefit application be rejected?
  • It can be rejected if you do not meet the conditions or if you report false information.

Check your eligibility for unemployment benefits on the Employment Insurance website right now, prepare the necessary documents, and visit your local employment center!