Question
An employee must be employed by the same company for two years to be vested. Select one: True False Self-employed individuals pay the employee and
An employee must be employed by the same company for two years to be "vested".
Select one:
True
False
Self-employed individuals pay the employee and employer portions of CPP, totalling 9.9 percent on earnings over the YBE and below the YMPE.
Select one:
True
False
An employee must be employed by the same company for two years to be "vested".
Select one:
True
False
Luigi and Maria are 65 and have been married for 20 years. Luigi is entitled to a CPP pension of $796 per month. He has been working and paying into CPP ever since he came to Canada 25 years ago. How much of his CPP can he allocate to Maria, who did not work at all?
Select one:
a. $636.80
b. $318.40
c. $398.00
d. $796.00
If Ramzi earned $46 000 from employment, what will be his CPP contribution? (YMPE $43 700; YBE $3500)
Select one:
a. $1989.90
b. $2103.75
c. $2277.00
d. $3979.80
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