PSPP Contribution Rate Reduction
November 17, 2017
The Public Service Pension Board is pleased to announce a reduction in PSPP contribution rates effective January 1, 2018.
|2018 Contribution Rates|
|Up to YMPE: 10.47%|
|Over YMPE: 14.95%|
|YMPE is the Year's Maximum Pensionable Earnings under the Canada Pension Plan.
The YMPE for 2018 is $55,900.
These rates replace the 2018 contribution rates adopted by the Board earlier this year. Please watch for additional information about the Board's decision to approve these new rates.