Laverne and Boris are expecting a child. They both work and they each earn a yearly salary
Question:
Laverne and Boris are expecting a child. They both work and they each earn a yearly salary of $83,540. They decide to apply for extended parental benefits. They want to
share the 69 weeks between them. Assuming that the Maximum Insurable Earnings is $54,200:
If Laverne was eligible for 15 weeks of maternity benefits. How much would she receive each week? (2 Marks)
She also chooses to receive 40 weeks of extended parental benefits to care for their baby before returning to work. While Boris would use the rest. How much parental benefits would each of them receive on a weekly basis? (2 Marks)
In total, if we include the amounts received over the maternity benefit period and over the parental benefits period, how much did the receive altogether? (2 Marks)
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr