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What is the Yearly Maximum Pensionable Earnings (YMPE)?

April 26, 2017Earnings maximum pensionable ympe

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What is the Yearly Maximum Pensionable Earnings (YMPE)?

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The earnings on which Canada Pension Plan (CPP) and Quebec Pension Plan (QPP) contributions and benefits are calculated. YMPE changes each year according to a formula using average wage levels and is published annually by the Canada Revenue Agency. The YMPE for 2008 is $44,900.00.