CPP - Module 3

Annotations:

• No Final Exam

1. 3.7 Workbook - 67 Qs
   1. 3.1 CPP Benefit and Pension Calculation Information - 4 Qs

      Annotations:

      • WB Qs do not include sub-Qs
      1. State 2 essential pièces of info about CPP Payment
         1. Use CPP/OAS Info card
            1. State the difference btwn the flat-rate component and earnings related portion of a benefit
   2. 3.2 Contributory Period - 7 Qs

      Annotations:

      • WB Qs do not include sub-Qs
      1. establish the contributor's age
         1. define a contributory period
            1. determine when a contributory period begins and ends
               1. establish the required Basic number of Contributory Months (BCM)
   3. 3.3 Valid Contributions - 17 Qs

      Annotations:

      • WB Qs do not include sub-Qs
      1. identify events that affect the contributory period
         1. calculate the prorated YBE and YMPE
            1. define pensionable employment
               1. recognize when an employee or employer must pay contributions to CPP
                  1. determine how much the employee and employer must pay
   4. 3.4 Record of Earnings - 9 Qs
      1. State purpose of ROE
         1. List the different types of earnings
            1. View a Contributor's ROE
               1. Identify fields in Client Data
                  1. Add, update, delete earnings and contributions
         2. Privacy, Flow, Collection & Refund
   5. 3.5 Calculations - 10 Qs

      Annotations:

      • Workbook Qs are heavy, case study-like
      1. Define RTR-FBC
         1. Define different terms used in the calculation of an RTR-FBC
            1. Apply the rounding rules for calculation resutls in the appropriate situations
               1. Calculate the UPE using the ABC method
                  1. Calculate the APE
                     1. Calculate the TAPE
                        1. Calculate the AMPE
                           1. Calculate an RTR-FBC
                              1. Advaced theory
                              2. IO earnings and Conribution
   6. 3.6 Exlusions and Drop-out Periods - 17 Qs

      Annotations:

      • Some Qs look like case studies (large)
      1. identify and calculate the 3 different types of drop-out periods and one exclusion
         1. calculate how much of the contributory period remaines after an exclusion or drop-out provisions have been applied
            1. Advanced calculations for the curious
            2. +65 Drop-Out
            3. The General Drop-Out
            4. New Drop-out effective Jan 1, 1992
            5. Calculate RTR-FBC amount after the exclusion and drop-out provisions have been applied
               1. CRIC
         2. DSB Excl. Method 1&2
         3. Drop-Out provision
            1. CRP, FA, CTB
2. 3.0 Introduction
3. 3.8 Kool Tool

   Annotations:

   • Contributory period, CRP and formulas