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30. Ria turned 18 on June 17, 2020. She receives $1,382 every two weeks. Calculate CPP Payment period, Prorated maximum CPP contribution and actual CPP
30. Ria turned 18 on June 17, 2020. She receives $1,382 every two weeks. Calculate CPP Payment period, Prorated maximum CPP contribution and actual CPP contribution for Employee and Employer and total CPP remitted to CRA? Mark 5 Maximum annual pensionable earnings = $ 58,700 Basic Exemption Amount =$3,500 Employee and Employer contribution rate = 5.25%
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