The Ontario Teachers' Pension Profile module is used for generation and reporting of the OTPP information as related to the Teachers payroll. This profile should not be filled in for other payrolls. This profile is used by the payroll stream in the calculation of the OTPP deduction as well as the OTPP reporting
Teachers Payroll or None
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Enter 'T' if this is the Teachers payroll.
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Enter 'N' if this profile does not apply to this payroll. Do not fill this profile in unless this is a Teacher payroll.
School Board Number
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Enter your 5-digit school board / district number.
Board Profile Number
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Enter your 8-digit profile number.
OTPP Deduction Codes
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Leave this field blank when this is not a Teachers payroll.
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Enter all OTPP deduction codes. OTPP deductions must be defined in the deduction code database as Group 1 Type 9 deductions. Separate each deduction code with a comma.
The Group 1 Type 9 deductions entered here as OTPP deductions will take the pension at all over YMPE when the employee's master CPP Exemption is set and active by effective date (with a blank date being active).
OTPP Working Days Storage Banks
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Leave this field blank when this is not a Teachers payroll.
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Enter the Days storage bank codes that determines the employee's actual days worked.
Employee Types Receiving OTPP
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Enter the Employee Type codes to indicate which employees are currently receiving pension. This information is included on the Ontario Teachers Pension Plan report and submission file.
Employee Types for Hourly Paid
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Enter the Employee Type codes to indicate employees to be reported as Hourly paid on the Ontario Teachers Pension reporting and submission file. These Hourly Employee Type Codes must contain the applicable Hours Per Day as this is included on the report and file submission.