(CAN) Setting Up Wage Loss Plans

To set up wage loss plans, use the Wage Loss Plan (WAGELS_PLN_TBL) component

Pages Used to Set Up Wage Loss Plans

Page Name Definition Name Usage

Wage Loss Plan Table Page

WAGELS_PLN_TBL1

Define a wage loss plan for your company.

Wage Loss Plan Report Page

PRCSRUNCNTL

Generate a report that lists information from the Wage Loss Plan Table for Canadian employers.

Understanding Wage Loss Plans

The Canadian Wage Loss Plan table identifies valid Canadian wage loss replacement plans. The Wage Loss Replacement Plan field in the Canadian Income Tax Data table at the employee level is edited against this table. You must create entries on this table before you enter any Canadian tax data for your employees.

You must set up at least one entry on the Wage Loss Plan table for each company. Typically, you create this entry using the default EI Employer Rate and corresponding Quebec EI Employer Rate. You must define additional entries for each wage loss plan your company has registered with CRA.

Wage Loss Plan Table Page

Use the Wage Loss Plan Table page (WAGELS_PLN_TBL1) to define a wage loss plan for your company.

Navigation:

Set Up HCM, and then Product Related, and then Payroll for North America, and then Canadian Taxes, and then Wage Loss Plan Table, and then Wage Loss Plan Table

This example illustrates the fields and controls on the Wage Loss Plan Table page.

Wage Loss Plan Table page

Wage Loss Plan Information

Field or Control Description

Employer’s Account Number

For each plan you set up, enter your company's unique CRA Taxation account number in this field. Because a company can have more than one wage loss replacement plan, you can set up any number of plans on this table.

EI Employer Rate

This is the rate of your contribution to Employment Insurance. The default rate (which comes from the Employer EI Premium Rate on the Canadian Tax table) may be overridden with your specific plan rate.

RCT Account Number

This field is hidden on the page for all entries with an Effective Date of 01/01/1997 or later. The field will be displayed and is available for use for all entries dated prior to 01/01/1997 for historical purposes only.

Quebec EI Employer Rate

This is the rate of your contribution to Employment Insurance. You can override the default rate (which comes from the Quebec Employer EI Premium Rate on the Canadian Tax table) by entering your specific plan rate.