Oct 2, 2020 10:15 am
ActivityAD4300 Payroll (Financial Services)
Records Series

31 - Salary Payments

OPRPayroll Services, Financial Services
DescriptionRecords consist of data related to salary payments in an enterprise financial management system.
Retention TriggerCY
Total Retention (years)7
Final ActionD
Disposition Plan
Retention Rationale

Income Tax Act (R.S.C., 1985, c. 1 (5th Supp.)) s.230 (4)(b)

requires all other records and books of account referred to in this section, together with every account and voucher necessary to verify the information contained therein, until the expiration of six years from the end of the last taxation year to which the records and books of account relate.

PIBPIB
Vital Records

This schedule applies to official records in all media. Convenience or duplicate copies of official records are considered transitory and should not be kept longer than necessary, and in no event longer than the official copy.



GLOSSARY

  • AR = Transfer to Archives
  • AY = End of Academic Year
  • CY = End of Calendar Year
  • D = Destroy / Delete
  • DP = Special Disposition Plan
  • FY = End of Fiscal Year
  • OPR = Office of Primary Responsibility
  • PIB = Personal Information Bank


Printed on Wednesday, Nov 30 2022