When you are calculating an employee’s CPP contribution, you have to prorate the basic CPP exemption. The following table shows the prorated amount of basic CPP exemption for various pay periods.
| Pay period | Basic exemption |
|---|---|
| Annually (1) | $3,500.00 |
| Semi-annually (2) | $1,750.00 |
| Quarterly (4) | $875.00 |
| Monthly (12) | $291.66 |
| Semi-monthly (24) | $145.83 |
| Bi-weekly (26) | $134.61 |
| Bi-weekly (27) | $129.62 |
| Weekly (52) | $67.30 |
| Weekly (53) | $66.03 |
| 22 pay periods | $159.09 |
| 13 pay periods | $269.23 |
| 10 pay periods | $350.00 |
| Daily (240) | $14.58 |
| Hourly (2,000) | $1.75 |