Canada Pension Plan Contributions for 2011

The Canada Pension Plan contribution rate for 2011 is 4.95% of pensionable earnings for the year.

 

The maximum pensionable earnings for the year are $ 48,300, and the basic exemption is unchanged at $3,500.

 

The maximum employer and employee contribution for 2011 is therefore $2,217.60, and the maximum self-employed contribution is $4,435.20.

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