Calculate lois net pay

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Reference no: EM132739902

Problem 1: Lois works for Jefferson Movers in Alberta and earns an annual salary of $48,000.00 paid on a bi-weekly basis. She contributes 3% of her gross earnings to a Registered Retirement Savings Plan each pay. Lois pays $36.00 bi-weekly for union dues and receives a group term life insurance non-cash taxable benefit of $26.00 each pay. Her federal and provincial TD1 claim codes are 3 and she will not reach the annual maximums for Canada Pension Plan or Employment Insurance with this payment. Calculate Lois's net pay, following the steps in the payroll calculation template.

Reference no: EM132739902

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