As an employer, one of your responsibilities is to remit member and employer contributions to OMERS on a monthly basis. Let’s review the process for accurately calculating and reporting these contributions using the e-Form 105 – Contribution remittance summary in e-access.
During this session, you will learn:
- how to determine contributory earnings and calculate registered pension plan (RPP) and retirement compensation arrangement (RCA) contributions
- how to accurately submit the e-Form 105 and remit contributions
- the impact that contributions have on the annual reconciliation process
- how the new AVC payroll deduction option may benefit your members