DBPP and DCPP automatic stop at age 71
Hi SAP gurus,
one of our Canadian clients uses Defined Benefit Pension Plan (DBPP) and Defined Contribution Pension Plan (DCPP) for their employees.
According to Income Tax Act employees can make a contribution to such pension plan only until the end of year in which they turn 71. CRA website:
Do you know if SAP has any inbuilt functionality to stop the contributions to voluntary pension plans (RRSP, DBPP, DCPP) at age 71? We know that for CPP/QPP contributions limit at age 70 the contribution wagetypes are not created anymore.