Your net pay may be lower for Dec 15 cheque

If you elected to have your Health Spending Account (HSA) benefit rolled into an RRSP this year, please be reminded that this taxable benefit will be processed on the Dec 15 pay (the actual RRSP contribution was made earlier in the year).

Your Dec 15 pay may be up to $68.30 lower than usual if you have not yet contributed the maximum Canada Pension of $2,479.95 or maximum Employment Insurance contributions of $930.60 as these two deductions are mandatory on this taxable benefit.

If you have any questions, please contact Linda Miller at local 4018, Julie Jabbal at local 4594, or Marie Betker at local 6313.