CPP Rates and maximums 2013

The Canada Pension Plan (CPP) rate and exemption remains the same in 2013. But the maximum pensionable earnings increase $1,000 to $51,100 in 2013 from $50,100. As a result, the employees who earn $51,100 or more will have to make $49.50 more in CPP contribution compared to 2012. Employers will also see their CPP expenses to increase $49.50 for each employee whose salary is $51,100 or higher (click here for current rates and maximums)

 

CPP contribution rates, maximums and exemptions
YearMax. Annual Pensionable EarningsBasic ExemptionMaximum Contributory EarningsEmployee Contribution Rate (%)Max. Annual Employee ContributionMax. Annual Self - Employed Contribution
2013 $51,100 $3,500 $47,600 4.95 $2,356.20 $4,712.40
2012 $50,100 $3,500 $46,600 4.95 $2,306.70 $4,613.40
2011 $48,300 $3,500 $44,800 4.95 $2,217.60 $4,435.20
2010 $47,200 $3,500 $43,700 4.95 $2,163.15 $4,326.30
2009 $46,300 $3,500 $42,800 4.95 $2,118.60 $4,237.20
2008 $44,900 $3,500 $41,400 4.95 $2,049.30 $4,098.60
2007 $43,700 $3,500 $40,200 4.95 $1,989.90 $3,979.80
2006 $42,100 $3,500 $38,600 4.95 $1,910.70 $3,821.40
             

CPP Rates and maximums 1997 - 2005

Basic CPP exemption for various pay periods

The Payroll steps – an employer’s responsibilities with the CRA

Basic payroll information for employers

Canada Pension Plan (CPP) for the self-employed

EI rates and maximums

 

Additional information