Is enough attention paid to reconciling an organization or client’s payroll accounts?  Do you dread the potential of receiving a Pensionable & Insurable Earnings Review (PIER) report every year? It is crucial to avoid the penalties associated with a PIER report.  Participate in this session that focuses on the importance of reconciliation and balancing in order to address payroll issues before they become a problem.

Topics covered include:

• Why do you receive a PIER? 
• Canada Pension Plan (CPP) and Employment Insurance (EI) regulations review 
• The Canada Revenue Agency’s (CRA) PIER process 
• Common errors to avoid 
• What to do when you receive a PIER 
• Practical tips and examples 
• Penalties and appeals 

Learning objectives:

• Understand the significance of payroll reconciliation and balancing in mitigating potential issues
• Gain insights into the factors contributing to the issuance of a PIER report
• Develop strategies for effectively managing and responding to PIER reports