Why did QPP deductions stop?

Effective January 1, 2024, you are no longer required to make QPP contributions as of January 1 of the year an employee turns 73.

Note: Powerpay will stop deducting QPP from employees who turn 73 in the current calendar year.

Tasks

Change QPP exemption for employees turning 73 in the current year

  1. Click the Pay Period menu and click the Enter button for the pay period you want to work with.

  2. Go to the Employee Profile page.Closed From the Payroll menu, select Hire/Profile > Employee Profile.
  3. Select the employee from the list.
  4. Change the employee’s QPP status to Exempt from CPP/QPP.

    This is required to ensure the employee's tax form does not reflect an amount for pensionable earnings in Box 26.

  5. Click Save.