CFED_CPP_METHOD (Canadian Federal Canada Pension Plan Method) is an optional field used to indicate the override for CPP calculation: period exemption or an hourly exemption.
- The period exemption method is used for employees who are paid a relatively consistent pay period amount, for example, salaried or full-time hourly employees.
- The hourly exemption method is used for employees whose pay amount fluctuates significantly from period to period, for example, part-time hourly or casual employees.
X_CFED_CPP_METHOD is a fixed lexicon with the following values:
Saved Value | Displayed Value | |
---|---|---|
01 | Period Exemption | used for employees who are paid a relatively consistent pay period amount, for example, salaried or full-time hourly employees. |
02 | Hourly Exemption | used for employees whose pay amount fluctuates significantly from period to period, for example, part-time hourly or casual employees. |
99 | Do Not Calculate |