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.