Older workers who were dismissed or laid off and have found themselves without employment because of the economic situation may qualify for monthly financial assistance under the Income Support Program for Older Workers.
Created in 2009, the Income Support Program for Older Workers ended on March 31, 2013, for the asbestos mining sector and on December 31, 2012, for all other sectors of activity.
Eligible persons who lost their job before the end of the program may nevertheless continue to receive assistance under the program until they reach age 60.
To be eligible for this program, you must meet a number of conditions, including the following:
The financial assistance provided may be as high as $1,065 a month. It is adjusted every year on January 1.
Your personal income is taken into account, but the assistance is not reduced unless you earn over $200 a month.
The sum paid does not take into account:
You are not entitled to claim slips or supplemental benefits for health-related or other special needs.
Contact your local employment centre (CLE).
Yes. The sums paid under this program are taxable. In addition, no income tax is withheld at source.
A permanent severing of the employment relationship by the employer for:
A temporary suspension of the contract of employment between the employer and the employee. The laid-off employee may be called back to work. The employee retains his or her employment relationship for the duration of the layoff, and the contractual relationship is maintained. To be eligible for the program, the duration of the layoff must be at least 6 months.