Finance
Canada Pension Plan (CPP) Enhancement
New changes are coming to the Canada Pension Plan. The enhancement will see the benefit rate increase from 25% to 33% and the earnings ceiling increase by 14%. These enhancements gradually began on January 1, 2019, and will be fully implemented over a 40 year period.
2021 T4s & T4As Now Available
As of Feb 17, 2022, faculty, staff and scholarship recipients can access and download their 2021 T4 and T4A slips electronically through the my.ucalgary.ca portal. Log in to my.ucalgary.ca > “All About Me” > “My Pay” > “Payroll details” > “View T4/T4a Slips”.
PROCESS CHANGE – NEW JOURNAL FORM & APPROVAL WORKFLOW
Please note effective April 22, 2021 as part of the University of Calgary’s commitment to continuous improvement, Finance is introducing new correction and fund transfer journal request forms and workflow approval. You can find the forms using the Finance Forms link below. If you have any questions, contact UService at finance@ucalgary.ca - (403)210-9300
Benefit Cost Calculator Available
This new calculator developed by Financial Operations will assist researchers in estimating the costs of salary and benefits for their research project budgets.
New SIN Collection Process
These new, secure, self-services processes for collecting Social Insurance Numbers apply to new faculty or staff or independent contractors who earn more than $500 per year.
Finance Process and Guidelines - March 2019
Please review the updated Finance Process & Guidelines documentation, and FAQs shared in March 2019.
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