2024 Maximum Pensionable Earnings


2024 Maximum Pensionable Earnings. The basic exemption amount for 2024. Note 1 for 2023 and 2024, the contribution rate includes the base contribution rate (5.40%) and the rate of the first additional contribution (1%).


2024 Maximum Pensionable Earnings

For 2024, the maximum pensionable earnings under the canada pension plan (cpp), for employee and employer is 5.95% (2023: The maximum limit of earnings protected by the cpp will also increase by.

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