Reminder: Change in Net Pay Beginning in January
November 16, 2021 - Defence Stories
Starting in January 2022, there may be changes to the net pay on your pay cheque.
Each calendar year, Canada Pension Plan (CPP) or Québec Pension Plan (QPP) contributions and Employment insurance (EI) premiums must be deducted from earnings until a maximum level is achieved. Depending on your earnings, you may reach the maximum level required sometime during the year. When this happens, you will notice that CPP/QPP deductions are no longer being withheld, resulting in a slightly higher net pay.
Beginning in January, CPP/QPP and EI deductions start again, so your net pay may be reduced by these contribution amounts.
For more information on change in net pay, read the “How to Identify Changes in Net Pay” Job Aid, visit PSPC’s How public service pay works page.
If you have any questions, please contact HR Connect RH.
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