Statute
Section 18.1 — Canada Pension Plan: Amount of Year’s Additional Maximum Pensionable Earnings
Text of the provision Official document
The amount of a Year’s Additional Maximum Pensionable Earnings is for 2024, 1.07 multiplied by the Year’s Maximum Pensionable Earnings for that year; and for 2025 and each subsequent year, 1.14 multiplied by the Year’s Maximum Pensionable Earnings for that year. If the amount calculated in accordance with subsection (1) for any year is not a multiple of $100, the Year’s Additional Maximum Pensionable Earnings for that year is the amount that is the next multiple of $100 below that amount.
Official source: laws-lois.justice.gc.ca
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