Reminder: PSPP 2012 Contribution Rate Increase

January 4, 2012

Effective January 1, 2012, contribution rates for members and employers of the Public Service Pension Plan (PSPP) increased.

The new rates are outlined in the table below:

Current Contribution Rates Contribution Rates
Effective January 1, 2012
Up to YMPE: 9.10% Up to YMPE: 9.90%
Over YMPE: 13.00% Over YMPE: 14.14%
YMPE is the Year's Maximum Pensionable Earnings under the Canada Pension Plan
(2012 YMPE = $50,100.00)

Click here for more information on the increase.