| GOVERNMENT RATES FOR 2015 |
|
|
|
| C.P.P. CONTRIBUTION RATE |
4.95% |
|
|
| C.P.P. Y.M.P.E. |
$53,600 |
|
|
| C.P.P. MAX. PREMIUMS – EMPLOYEES |
$2,479.95 |
|
|
| C.P.P. MAX. MONTHLY BENEFIT (65) |
$1,065.00 |
|
|
| C.P.P DISABILTY MAXIMUM |
$1,264.59 |
|
|
| O.A.S. MAX. MONTHLY BENEFIT (65) (Jan-March) |
$563.74 |
|
|
| E.I. INSURABLE EARNINGS |
$49,500 |
|
|
| E.I. MAXIMUM ANNUAL PREMIUM |
$930.60 |
|
|
| E.I. MAXIMUM WEEKLY BENEFIT |
$524.00 |
|
|
| E.I. PREMIUM RATE |
1.88% |
|
|
|
GOVERNMENT
BENEFITS 2011
as of January 1, 2011
Canada Pension Plan and Quebec Pension Plan |
CPP |
QPP |
1. Contribution Rate |
4.95% |
4.95% |
2. Year’s maximum pensionable earnings (YMPE) |
$48,300.00 |
$48,300.00 |
3. Basic exemption |
$3,500.00 |
$3,500.00 |
4. Maximum premiums for employees
Maximum premiums for self-employed |
$2,217.60
$4,435.20 |
$2,217.60
$4,435.20 |
5. Retirement Benefits (maximum for new recipient) |
$960.00 |
$960.00 |
6. Lump Sum Death Benefit (max.) |
$2,500.00 |
$2,500.00 |
7. Disability (max.) |
$1,153.37 |
$1,153.34 |
8. Dependent children’s benefit |
$218.50 |
$69.38 |
9. Surviving spouse 65 and over (max.) |
$576.00 |
$576.00 |
10. Surviving spouse under 65 (max.)
Surviving spouse 45-64 (max.)
Surviving spouse under 45 (max.) - not disabled, no child
- not disabled, with child
- disabled |
$529.09
N/A
N/A
N/A
N/A |
N/A
$433.34
$110.98
$402.35
$433.34 |
Unemployment Insurance (E.I.) |
Canada
(excl. Quebec) |
Quebec |
1. Annual insurable earnings (max.) |
$44,200.00 |
$44,200.00 |
2. Premiums – annual maximum (employee)
Premiums – annual maximum (employer) |
$786.76
$1,101.46 |
$623.22
$872.51 |
3. Benefits – weekly maximum (55% of insurable earnings) |
$468.00 |
$468.00 |
Old Age Security (effective January 1, 2011–adjusted quarterly) |
Maximum Monthly |
1. Old Age Security |
$524.23
$661.69
$961.18
$1,065.45 |
2. Guaranteed Income Supplement |
3. Spouse’s allowance (Age 60-64) |
4. Widowed spouse’s allowance (Age 60-64) |
|
GOVERNMENT
BENEFITS 2010
as of January 1, 2010
Canada Pension Plan and Quebec Pension Plan |
CPP |
QPP |
1. Contribution Rate |
4.95% |
4.95% |
2. Year’s maximum pensionable earnings (YMPE) |
$47,200.00 |
$47,200.00 |
3. Basic exemption |
$3,500.00 |
$3,500.00 |
4. Maximum premiums for employees
Maximum premiums for self-employed |
$2,163.15
$4,326.30 |
$2,163.15
$4,326.30 |
5. Retirement Benefits (maximum for new recipient) |
$934.17 |
$934.17 |
6. Lump Sum Death Benefit (max.) |
$2,500.00 |
$2,500.00 |
7. Disability (max.) |
$1,126.76 |
$1,126.73 |
8. Dependent children’s benefit |
$214.85 |
$68.22 |
9. Surviving spouse 65 and over (max.) |
$560.50 |
$560.50 |
10. Surviving spouse under 65 (max.)
Surviving spouse 45-64 (max.)
Surviving spouse under 45 (max.) - not disabled, no child
- not disabled, with child
- disabled |
$516.57
N/A
N/A
N/A
N/A |
N/A
$426.10
$109.12
$395.62
$426.10 |
Unemployment Insurance (E.I.) |
Canada
(excl. Quebec) |
Quebec |
1. Annual insurable earnings (max.) |
$43,200.00 |
$43,200.00 |
2. Premiums – annual maximum (employee)
Premiums – annual maximum (employer) |
$747.36
$1,046.30 |
$587.52
$822.53 |
3. Benefits – weekly maximum (55% ) |
$457.00 |
$457.00 |
O.A.S. (effective January 1, 2010–adjusted quarterly) |
Maximum Monthly |
1. Old Age Security |
$516.96
$652.51
$947.86
$1,050.68 |
2. Guaranteed Income Supplement |
3. Spouse’s allowance (Age 60-64) |
4. Widowed spouse’s allowance (Age 60-64) |
|
|
|
Canada & Quebec Pension Plan |
|
CPP |
QPP |
1. Contribution Rate |
4.95% |
4.95% |
2. Year's max pensionable earnings |
$46,300.00 |
$46,300.00 |
3. Basic exemption |
$3,500.00 |
$3,500.00 |
4. Maximum premiums for employees |
$2,118.60 |
$2,118.60 |
Maximum premiums for self-employed |
$4,237.20 |
$4,237.20 |
5. Benefits (maximum for new recipient) |
$908.75 |
$908.75 |
| Pension age 60 (Increased 6% per year) |
$636.13 |
$636.13 |
6. Lump Sum Death Benefit (max.) |
$2,500.00 |
$2,500.00 |
7. Disability (max.) |
$1,105.99 |
$1,105.96 |
8. Dependent children's benefit |
$213.99 |
$67.95 |
9. Surviving spouse 65 and over (max.) |
$545.25 |
$545.25 |
10. Surviving spouse under 65 (max.) |
$506.38 |
- |
Surviving spouse 55-64 (max.) |
- |
$745.77 |
Surviving spouse under 55 (max.) |
- |
$745.77 |
Old Age Security (effective Jan 1, 2009 - adjusted quarterly)
|
1. Old Age Security |
- |
$516.96 |
| 2. Guaranteed income supplement (max.) |
- single |
$652.51 |
| |
|
- couple |
- |
3. Max spouse's allowance (Age 60-64) |
- |
$947.86 |
4. Max widowed spouse's allowance (Age 60-64) |
- |
$1,050.68 |
Unemployment Insurance (E.I.) |
| |
Canada |
Quebec |
1. Annual insurable earnings (maximum) |
$42,300.00 |
$42,300.00 |
2. Premiums - annual max (employee) |
$731.79 |
$583.74 |
Premiums - annual maximum (employer) |
$1,024.51 |
$817.24 |
3. Benefits - weekly maximum (55% of insurable earnings) |
$447.00 |
$447.00 |
|
Government Benefits 2008
| Canada Pension Plan and Quebec Pension Plan |
CPP |
QPP |
| 1. Contribution Rate |
4.95% |
4.95% |
| 2. Year's maximum pensionable earnings |
$44,900 |
$44,900 |
| 3. Basic exemption |
$3,500 |
$3,500 |
4. Maximum premiums for employees
Maximum premiums for self-employed |
$2,049.30
$4,098.60 |
$2,049.30
$4,098.60 |
| 5. Benefits (maximum for new recipient) |
$884.58 |
$884.58 |
| 6. Lump Sum Death Benefit (max.) |
$2,500 |
$2,500 |
| 7. Disability (max.) |
$1,077.52 |
$1,077.52 |
| 8. Dependent children's benefit |
$208.77 |
$66.29 |
| 9. Surviving spouse 65 and over (max.) |
$530.75 |
$530.75 |
10. Surviving spouse under 65 (max.)
Surviving spouse 55-64 (max.)
Surviving spouse under 55 (max.) |
$493.28
-
- |
-
$745.77
$745.77 |
Old Age Security
(effective Jan. 1, 2008 - adjusted quarterly) |
| 1. Old Age Security |
- |
$502.31 |
| 2. Guaranteed income supplement (max.) |
single |
$634.02 |
| 3. Maximum spouse's allowance (Age 60-64) |
- |
$921.00 |
| 4. Maximum widowed spouse's allowance (Age 60-64) |
- |
$1,020.91 |
|
