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Michelle Roy works for Affordable Transport in Québec and earns an annual salary of $51,500.00 paid on a bi-weekly basis. In addition to her regular salary, Michelle's employer provides group term life insurance coverage through a third party of two times her annual salary. The monthly group term life insurance premiums are $0.78 per $1,000.00 of coverage, excluding taxes. Her employer also provides private health insurance benefits with a monthly premium of $300.00, excluding taxes. The tax on insurance premiums in Québec is 9%. Her federal TD1 claim code is 2 and her provincial TP-1015.3-V deduction code is B. Michelle will not reach the Québec Pension Plan, Employment Insurance or Québec Parental Insurance Plan annual maximums this pay period.
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