Canada Savings Bond Payroll Savings program has begun its 2016 campaign.
From October 3 to November 1, register for the purchase of Canada Savings Bonds through payroll deductions or make changes to your existing contributions by going online to the CSB Online Services website at www.mybonds.gc.ca
New registrants will require the following information when logging onto the website:
– Niagara College’s Organization ID: 13594
– Social Insurance Number
– Valid email address
Employees currently enrolled in the program that would like to make changes to their deduction amount will also need to log on to the CSB Online services website between October 3 and November 1. Existing participants will require the following information when logging onto the site:
– 10-digit Plan Number (starts with a ‘2’ and can be found on annual CSB statement)
– Last contribution amount (as indicated on your pay advice)
– Valid e-mail address
– Direct deposit information (if currently set up in your plan)
If you currently participate in the CSB Payroll Savings Program and do not want to make any changes, you do not need to do anything. Your CSB deduction will automatically continue.
If you currently participate in the CSB Payroll Savings Program and would like to cancel your current CSB payroll deduction, please e-mail the Payroll department at [email protected], by November 1 with the instructions to cancel the deduction.
Deductions and revisions to current deductions will start with your first pay in December 2016.
If you have any questions concerning the on-line registration, please visit the Canada Savings Bond web page at www.csb.gc.ca/employees or call 1-866-565-8405 toll free.
For further information regarding the Canada Saving Bond plan, the link below is very helpful:
www.csb.gc.ca/wp-content/uploads/2009/05/employee_how_to_guide.pdf
