How to introduce payroll deduction

There are two possible scenarios:

1. One or more employees let you know that they would like to contribute through payroll deduction. You then contact us.
2. Employees contact the Fonds directly with their request. In this case, the Fonds will let you know about the request and provide you with all the information you need to set up payroll deduction.

You, your payroll department or payroll provider handle the payroll deduction from the employee’s pay, taking into account the tax reduction method selected.

The Fonds sends you a remittance notice every month reminding you to make your payment before the 15th of the following month.

Your payment can be sent electronically or by mail, either by you, your payroll department or payroll provider. The payment is sent along with a detailed list of the amounts collected for each employee.

The Fonds will send you a change notice if any payroll deduction changes need to be made to your employees’ pays or to let you know that one of your employees wishes to enrol in the plan.