Benefits of Manulife’s & Ceridian’s Payroll Integration:
- Ceridian will manage your initial employee demographic file and new hire information for you – Following the plan being set up, you will be required to send Manulife your employee information. To assist you with this process, Ceridian will prepopulate the employee information file and send to you for forwarding to Manulife. You don’t need to spend the time preparing the file yourself.
- Collection and reporting of employee contribution rates - Each month, Manulife, on your behalf, will send your employees’ contribution rate instructions directly to Ceridian for processing. Employees can change their contribution amount at any time using Manulife’s secure website and you don’t have to worry about monitoring this information to determine the necessary payroll deductions and remittances. Ceridian will send the contributions directly to Manulife for deposit into employee VRSP accounts. These contributions will be included on your employees pay slips and tax receipts.
Set up your Manulife VRSP through the website link below and for no additional fees you can take advantage of the integration services with Ceridian and Manulife.