The election remains valid until the employee turns age 70 or revokes it
Question: I know that employees aged 65 to under 70 years can opt not to contribute to the Canada Pension Plan (CPP) by completing and filing a CPT30 form, Election to Stop Contributing to the Canada Pension Plan, or Revocation of a Prior Election. Do they have to make this election every year to continue to opt out or does the election apply for future years?
