Why did QPP deductions stop?
Effective
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
-
Click the Pay Period menu and click the Enter button for the pay period you want to work with.
- Go to the
- Select the employee from the list.
- 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.
- Click Save.