Maxi Dacus

The Canada Pension Plan (CPP) retirement pension is a monthly paid benefit that replaces part of your income when you retire. Employees and employers contribute to CPP.

Learn more about CPP from the Canadian Government:

Starting in 2019, CPP payments to retirees began to gradually increase. CPP contributions (the deduction from your pay) also increased, so that higher benefits will be available when you retire. The CPP enhancements, being implemented over seven years in two steps, will increase the maximum CPP pension by as much as 50% for those who make enhanced contributions for 40 years!

Step 1 - 2019 to 2023: From 2019 to 2023, the contribution rate for employees is increasing by a total of one percentage point (from 4.95% to 5.95%) on earnings between $3,500 and the YPME set for 2019. (See table above)

Step 2 - 2025 to 2025 - Starting in 2024, a second, higher earnings limit will be introduced. This new limit, known as the year’s additional maximum pensionable earnings, will not replace the first earnings ceiling. Instead, it will subject your earnings to two earnings limits. This limit is referred to as the second earnings ceiling. This change will require you to contribute 4% of earnings between the YMPE and AYMPE to the CPP. These contributions are also mandatory.

Note: The additional range of earnings covered by the plan will only affect you in years when your annual earnings are above the first earnings ceiling.

Read more about the CPP Enhancement

Changes instituted to the Canada Pension Plan (CPP) on January 1, 2012 by the Canada Revenue Agency may affect you.  The changes affect only those aged 60 to 70 who work and receive a CPP/QPP retirement pension.

If you elect not to make CPP contributions, but then wish to restart CPP contributions in the future, a new CPT30 form may be filed to revoke a previous election to change your contribution status at that time. The CPT30 form can only be used once per calendar year.

Important Note - If you are opting out of CPP contributions, along with a copy of Form CPT30, you will need to provide Western Payroll with proof of your age and proof you are in receipt of CPP.  To provide proof you are in receipt of CPP, you may provide one of the following:

database drivers enable connections to databases. There are applications written in different languages. A database management system.

NetBeans IDE 6.1 is bundled with GlassFish ESB. There is a Java implementation of the JDBCAPI that is used with the MySQL Native. Directly with the driver of the database.

• Go to 'M-PESA' menu and select 'M-Shwari.
• Select 'Withdraw from bank'
• Enter Amount.
• Enter PIN.
• Confirm these details then press OK.
• Wait for a confirmation SMS message.