Employers: Expect Canada Pension Plan changes in January 2012

Istock 000002511934xsmallThis guest blog post is provided by the Canada Revenue Agency, which administers tax laws and delivers social and economic benefit and incentive programs.

Did you know…?

Changes to the way employers deduct Canada Pension Plan (CPP) contributions are coming into effect in January 2012.

Important facts for employers


The CRA can assess you for failing to deduct CPP contributions or for failing to remit CPP contributions to the CRA as required. The assessment may include penalty and interest charges. For more information, go to the payroll page and select "Penalties, interest, and other consequences."

Employees working in Quebec and other workers not subject to the CPP will not be affected by these changes.

Get more information

For more information about what the changes will mean for employers, go to the Changes to the rules for deducting Canada Pension Plan (CPP) contributions page.

For the full suite of tools and information explaining the CPP changes for individuals aged 60 to 70, go to the Changes to the Canada Pension Plan (CPP) page.


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Posted by Ovila on January 21, 2012
I have noticed on My bank statement that for the first time since I retired that I did Not receive My Payment for the Month of Jan-2012
Could there have been a Glitch starting the New Year?
Please explain;
Posted by Canada Business Network on January 23, 2012
Hello Ovila,

On their website, Service Canada suggests that you should first check with your financial institution. If your payment has not been deposited within five banking days after the payment was supposed to go into your account, you can contact Service Canada. They will look into the matter and make sure you receive your payment.

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