Canada Pension Plan Premiums and Payment

Canada Pension Plan Premiums and Payment

2018 2017 2016 2015 2014
  • Maximum pensionable earnings
  • Basis exemption
  • Maximum contributory earnings
  • Employee and employer rate
  • Maximum contribution
  • Self-employed contributory rate
  • Maximum self-employed contribution
  • $55,900
  • $3,500
  • $52,400
  • 4.95%
  • $2,593.80
  • 9.90%
  • $5,187.60
  • $55,300
  • $3,500
  • $51,800
  • 4.95%
  • $2,564.10
  • 9.90%
  • $5,128.20
  • $54,900
  • $3,500
  • $51,400
  • 4.95%
  • $2,544.30
  • 9.90%
  • $5,088.60
  • $53,600
  • $3,500
  • $50,100
  • 4.95%
  • $2,479.95
  • 9.90%
  • $4,959.90
  • $52,500
  • $3,500
  • $49,000
  • 4.95%
  • $2,425.50
  • 9.90%
  • $4,851.00
CPP Payments - Max Monthly Rates 2018 2017 2016 2015 2014
  • Retirement Benefit (at 65)
  • Survivor's Benefit
  •  - under 65
  •  - at 65 and over
  • Combined survivor's & retirement benefit at 65
  • Disability benefit
  • Combined survivor's and retirement benefit
  • Children of disabled contributors
  • Children of deceased contributors
  • Death benefit lump-sum
  • $1,065.00

  • 581.13
  • 639.00
  • 1,065.00
  • 1,264.59
  • 1,264.59
  • 234.87
  • 234.87
  • 2,500.00
  • $1,065.00

  • 581.13
  • 639.00
  • 1,065.00
  • 1,264.59
  • 1,264.59
  • 234.87
  • 234.87
  • 2,500.00
  • $1,092.50

  • 593.62
  • 655.50
  • 1,092.50
  • 1,290.81
  • 1,290.81
  • 237.69
  • 237.69
  • 2,500.00
  • $1,065.00

  • 581.13
  • 639.00
  • 1,065.00
  • 1,264.59
  • 1,264.59
  • 234.87
  • 234.87
  • 2,500.00
  • $1,038.33

  • 567.91
  • 623.00
  • 1,038.33
  • 1,236.35
  • 1,236.35
  • 230.72
  • 230.72
  • 2,500.00
 

Calculation of CPP maximum monthly rates for new benefits
Retirement: 25% of 1/12 of the average year’s maximum pensionable earnings. (YMPE) for last five years
Survivor:
-under 65: (retirement x 0.375) + flat rate ($165.6)
-65 and older: retirement x 0.60
Disability: (retirement x 0.75) + flat rate ($424.43)