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Election to Stop Contributing to the Canada Pension Plan, or Revocation of a Prior Election. Use this form if you are an employee who is at least 65 years of age .

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Overpayment of Canada Pension Plan (CPP) or Quebec Pension Plan (QPP) If you were not living in Quebec before you left Canada, go to Line 44800 – CPP overpayment. If you were living in Quebec, any overpayment of CPP or QPP contribution will be refunded or used to reduce your balance on your federal tax return.

If you're under age 65 and earning an income, you must contribute to CPP. It's only after age 65 that you can opt out of making CPP contributions.

You will only continue to get the age-adjusted increase. If you retire early, let's say at 55, and do not make any more contributions then your CPP is being reduced for every month of delay past age 60.

When you receive a signed and completed election form (CPT30) from an eligible employee, you should stop deducting CPP contributions as of the employee's first pay in the month after the month the employee signed and dated Part C of the election form.

If you are 60 to 65 and working, you must continue making contributions. If you are 65 to 70 and working, you can choose whether you want to continue making contributions. If you do choose to continue contributing, you will receive a greater amount of CPP every month until you pass away.

When you receive a signed and completed election form (CPT30) from an eligible employee, you should stop deducting CPP contributions as of the employee's first pay in the month after the month the employee signed and dated Part C of the election form.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Cpt30 Form
This form is available in several versions.
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2022 Canada CPT30 E
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  • 2022 Canada CPT30 E
  • 2021 Canada CPT30 E
  • 2020 Cpt30 Form 2020
  • Cpt20-fill-21e.pdf - Clear Data Protected B When Completed...
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