However, this question is often asked to explore whether the candidate has long-term goals which cannot be met by the employer. It is also used as a reality check to see if the candidate has realistic goals. Finally, it is also used as a measure of the ambition of the candidate.
SBP Costs (Premiums). The SBP premiums for spouse coverage are: (1) 6.5% of your chosen base amount, or if less, (2) 2.5% of the first $595.00 of your elected base amount (referred to hereafter as the threshold amount), plus 10% of the remaining base amount. The threshold amount was $595.00 as of January 1, 2004.
Although the year's maximum pensionable earnings ($52,500 for 2014) and annual basic exemption ($3,500) for both plans are the same, an employee paying into the QPP will pay contributions at a higher rate (5.175% for 2014) compared to the rate for an employee who pays into the CPP (4.95% for 2014).ou have to deduct CPP contributions from an employee's pensionable earnings if that employee: 1  is in pensionable employment during the year; and. 2  is not considered to be disabled under the CPP or the Quebec Pension Plan (QPP); and.