In May of the current year, your employer received a PIER report from the CRA that identified Canada...

Question

In May of the current year, your employer received a PIER report from the CRA that identified Canada Pension Plan (CPP) contribution deficiencies for employees in the organization who:

turned 18 during the year
turned 70 during the year
had chosen to opt out of paying CPP by submitting a completed CPT30 form

To avoid a recurrence, the Payroll Manager, Sophie Beauchamp, has asked you to prepare a summary of the CPP reporting requirements on T4 information slips. The summary will be used to validate the current payroll setup to ensure that the T4s will be completed properly in future. Provide information on the CPP related boxes that must be completed, including how any amounts are calculated, for employees who:

are under 18 for the entire year
turn 18 during the year
are over 70 for the entire year
turn 70 during the year
submit a completed CPT30 form during the year, electing to stop contributing to the Canada Pension Plan
submit a completed CPT30 form during the year, revoking their previous election to stop contributing to the Canada Pension Plan

Prepare your response XXXXXXXXXXwords) using your name, correct spelling, grammar and punctuation. You will be penalized if you are excessively over or under the suggested word count. Your response to this question must be stated in your own words and should be based on the course material, your experiences, knowledge gained through the course and at least one external government resource.

Any responses taken directly from the external government resource or course material will not be accepted. Information referenced from the government resource(s) and the course material must be cited. For example:

if you are referencing the Canada Revenue Agency’s Employers' Guide - Payroll Deductions and Remittances – T4001, state the URL where the information can be found, https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4001.html and the page number, if applicable

if you are referencing the course material, state the course name, chapter and page number where the information can be found (for example, PF2, 1-1)

Tanmoy · Accepted Answer

CPT30: CANADA PENSION PLAN
Table of Contents
Introduction	3
Analysis	3
References	5
Introduction
According to the CPP Reporting necessities presented on T4 data slips we use only the “X” in the specific section of Box No.28, which is considered that the employee has excluded for the full year from C/ QPP payments which is also called EI premiums. But if the C/ QPP contributions is selected as free then the value which is appeared should be considered as free and the value which is appeared must be considered as free according to the CPP Pensionable Earnings in Box 26 as well as in the EI Insurable Earnings in Box 24. There will be zero amounts in the CPP contributions Box No.16. Also, there will be no amount in the EI premiums of Box No.18. 
Analysis
The worker when reaches 18 years of age,

In May of the current year, your employer received a PIER report from the CRA that identified Canada Pension Plan (CPP) contribution deficiencies for employees in the organization who: turned 18...

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