There are three possible scenarios:
- One or more employees let you know that they would like to contribute through payroll deduction. You then contact us.
- 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.
- The Fonds contacts you to introduce its services and explain the process in details.
Payroll deduction is a simple operation that you, your Payroll department or your payroll service provider can perform. However, it must take into account the tax reductions selected by the employee.
The Fonds send 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 your payroll service 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’ pay or if one of your employees wishes to start contributing through payroll deduction.