The Canada/Quebec Pension Plan (C/QPP) rates for 2006 have been confirmed.
They are:
Maximum Pensionable earnings: $42,100
Basic exemption: $ 3,500
Maximum contributory earnings: $38,600
Contribution rate
(employee and employer): 4.95%
Maximum employee contribution: $ 1,910.70
Maximum employer contribution: $ 1,910.70
Maximum Pensionable earnings: $42,100
Basic exemption: $ 3,500
Maximum contributory earnings: $38,600
Contribution rate
(employee and employer): 4.95%
Maximum employee contribution: $ 1,910.70
Maximum employer contribution: $ 1,910.70
