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What is the maximum contribution limit to the Pension Plan?

April 26, 2017contribution limit maximum pension plan

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What is the maximum contribution limit to the Pension Plan?

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For a defined contribution pension plan, such as the CSS Pension Plan, the Canada Customs and Revenue Agency – CCRA sets the maximum combined employee and employer contributions as the lesser of: 18% of the employee’s employment compensation, or $18,000 for 2005.