CPP changes came into effect on Jan. 1
A December 2011 webinar on the changes to the Canada Pension Plan (CPP) is available on the Canada Revenue Agency’s (CRA) website as a video.
The changes to CPP came into effect on Jan. 1, 2012.
Since Jan. 1, employers may have had to deduct CPP contributions from the pensionable earnings paid to an employee who is 60 to 70 years of age, even if the employee is receiving a CPP or QPP retirement pension, according to the CRA.
More details on the changes are available at: http://www.cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/clcltng/cpp-rpc/cppchng-eng.html?utm_source=payroll_deductions&utm_medium=eml
The video of the webinar is available at: http://www.cra-arc.gc.ca/nwsrm/vdcsts/2012/menu-eng.html?clp=bsnss/cpp-rpc-eng
