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ELECTION TO STOP CONTRIBUTING TO THE CANADA PENSION PLAN, OR REVOCATION OF A PRIOR ELECTION Use this form if you are an employee who is at least 65 years of age but under 70, and: ? You are currently
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What is election to stop contributing?
Election to stop contributing is a formal decision made by an individual or entity to cease making contributions to a specific fund or organization.
Who is required to file election to stop contributing?
Any individual or entity that wishes to stop making contributions to a fund or organization is required to file an election to stop contributing.
How to fill out election to stop contributing?
To fill out an election to stop contributing, one must provide their personal or entity information, details of the contributions being stopped, and any other relevant information as required by the specific fund or organization.
What is the purpose of election to stop contributing?
The purpose of election to stop contributing is to formally notify the fund or organization that one will no longer be making contributions, and to ensure that the necessary steps are taken to halt the contributions effectively.
What information must be reported on election to stop contributing?
The election to stop contributing must include personal or entity information, details of the contributions being stopped, reasons for discontinuing contributions, and any other requested information by the fund or organization.
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