1. Understanding Your Pay Statement Understanding Your Pay Stub
New Teacher Workshop 2016
Understanding Your Pay Statement
Understanding Your Pay Stub

4. Current Earnings

5. 3.85% of you annual Salary paid twice every 2 weeks from Sep to June (Balance paid at end of June)
Current Earnings

6. Standard Deductions Federation Fee 1.6%
Pension 10.4% to CPP limit ($51,800)
12.0% after CPP limit
Benefit Costs Varies depending on FTE
Long Term Disability 1.352%
Local federation levy $15 once per year
College of Teachers fee $150 per year

7. Current Deductions

8. Employee Information

9. Employee
Year to Date
Earnings

10. Employee Year to Date Deductions

11. Employee Year to
Date Deductions

12. Summary
Information

13. IMPORTANT NOTE: Because your pay is prepared before you have completed a pay period,
any adjustments, due to unpaid leave or expiration of sick days, that occur
during the current pay period will be deducted on a future pay.
Summary
Information