Canada Pension Plan

Last Year

This Year

Maximum Monthly Retirement Pension (Age 65)

$986.67

$1,012.50

Maximum Monthly Contributors Disability Pension

$1,185.50

$1,212.90

Maximum Children's Benefit

$224.62

$228.66

Year's Maximum Pensionable Earnings (YMPE)

$50,100.00

$51,100.00

Year's Basic Exemption (YBE)

$3,500.00

$3,500.00

Maximum Earnings on which Contributions are
based (YMPE-YBE)

$46,600.00

$47,600.00

Employee's Contribution Rate

4.95%

4.95%

Maximum Employee Contribution

$2,306.70

$2,356.20

Employer's Contribution Rate

4.95%

4.95%

Maximum Employer Contribution

$2,306.70

$2,356.20

Employment Insurance

Last Year

This Year

Maximum Weekly Insurable Earnings

$882.69

$911.54

Maximum Weekly Benefi

$485.00

$501.00

Employee's Premium Rate (per $100 of insurable earnings)

$1.83

$1.88

Maximum Weekly Employee Premium

$16.15

$17.14

Employer's Premium Rate (per $100 of insurable earnings)

$2.56

$2.63*

Maximum Weekly Employer Premium

$22.60

$23.97


*Our standard Short Term Disability Benefit qualifies for a reduced¬†Employer’s Premium Rate.

PWI Insurance Services are independent group insurance brokers, and third party administrators. For more
information on the services we offer, contact us at 519-747-3324, 800-265-2178, or info@pwi-insurance.ca.