CPP Annual Update – 2021
Posted on February 7, 2021
by Danielle
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CPP contribution rates, maximums and exemptions 2021
Important notice!
Changes to the rules for deducting Canada Pension Plan (CPP) contributions .
Changes to the rules for deducting Canada Pension Plan (CPP) contributions
In 2012, the rules for deducting CPP contributions changed. These changes do not affect the salary of an employee working in Quebec or an employee who is considered to be disabled under the CPP or QPP, nor do they affect the salary and wages of a person who has reached 70 years of age.
Services and information
Year Maximum annual pensionable earnings Basic exemption amount Maximum contributory earnings Employee and employer contribution rate (%) Maximum annual employee and employer contribution Maximum annual self-employed contribution 2021 $61,600 $3,500 $58,100 5.45 $3,166.45 $6,332.90 2020 $58,700 $3,500 $55,200 5.25 $2,898.00 $5,796.00 2019 $57,400 $3,500 $53,900 5.10 $2,748.90 $5,497.80 2018 $55,900 $3,500 $52,400 4.95 $2,593.80 $5,187.60 2017 $55,300 $3,500 $51,800 4.95 $2,564.10 $5,128.20 2016 $54,900 $3,500 $51,400 4.95 $2,544.30 $5,088.60 2015 $53,600 $3,500 $50,100 4.95 $2,479.95 $4,959.90 2014 $52,500 $3,500 $49,000 4.95 $2,425.50 $4,851.00 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
The above table is available in comma-separated value (CSV) format at the following link:
Year Maximum annual pensionable earnings Basic exemption amount Maximum contributory earnings Employee and employer contribution rate (%) Maximum annual employee and employer contribution Maximum annual self-employed contribution 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 2005 $41,100 $3,500 $37,600 4.95 $1,861.20 $3,722.40 2004 $40,500 $3,500 $37,000 4.95 $1,831.50 $3,663.00 2003 $39,900 $3,500 $36,400 4.95 $1,801.80 $3,603.60 2002 $39,100 $3,500 $35,600 4.70 $1,673.20 $3,346.40 2001 $38,300 $3,500 $34,800 4.30 $1,496.40 $2,992.80 2000 $37,600 $3,500 $34,100 3.90 $1,329.90 $2,659.80
Year Maximum annual pensionable earnings Basic exemption amount Maximum contributory earnings Employee and employer contribution rate (%) Maximum annual employee and employer contribution Maximum annual self-employed contribution 1999 $37,400 $3,500 $33,900 3.50 $1,186.50 $2,373.00 1998 $36,900 $3,500 $33,400 3.20 $1,068.80 $2,137.60 1997 $35,800 $3,500 $32,300 2.925 * $ 944.78 $1,889.55 1996 $35,400 $3,500 $31,900 2.80 $ 893.20 $1,786.40 1995 $34,900 $3,400 $31,500 2.70 $ 850.50 $1,701.00 1994 $34,400 $3,400 $31,000 2.60 $ 806.00 $1,612.00 1993 $33,400 $3,300 $30,100 2.50 $ 752.50 $1,505.00 1992 $32,200 $3,200 $29,000 2.40 $ 696.00 $1,392.00 1991 $30,500 $3,000 $27,500 2.30 $ 632.50 $1,265.00 1990 $28,900 $2,800 $26,100 2.20 $ 574.20 $1,148.40
Footnote * For 1997, the CPP rate was adjusted to 3.0% with a payment on filing a return (max. $969).
Year Maximum annual pensionable earnings Basic exemption amount Maximum contributory earnings Employee and employer contribution rate (%) Maximum annual employee and employer contribution Maximum annual self-employed contribution 1989 $27,700 $2,700 $25,000 2.10 $525.00 $1,050.00 1988 $26,500 $2,600 $23,900 2.00 $478.00 $ 956.00 1987 $25,900 $2,500 $23,400 1.90 $444.60 $ 889.20 1986 $25,800 $2,500 $23,300 1.80 $419.40 $ 838.80 1985 $23,400 $2,300 $21,100 1.80 $379.80 $ 759.60 1984 $20,800 $2,000 $18,800 1.80 $338.40 $ 676.80 1983 $18,500 $1,800 $16,700 1.80 $300.60 $ 601.20 1982 $16,500 $1,600 $14,900 1.80 $268.20 $ 536.40 1981 $14,700 $1,400 $13,300 1.80 $239.40 $ 478.80 1980 $13,100 $1,300 $11,800 1.80 $212.10 $ 424.80
Year Maximum annual pensionable earnings Basic exemption amount Maximum contributory earnings Employee and employer contribution rate (%) Maximum annual employee and employer contribution Maximum annual self-employed contribution 1979 $11,700 $1,100 $10,600 1.80 $190.80 $381.60 1978 $10,400 $1,000 $ 9,400 1.80 $169.20 $338.40 1977 $ 9,300 $ 900 $ 8,400 1.80 $151.20 $302.40 1976 $ 8,300 $ 800 $ 7,500 1.80 $135.00 $270.00 1975 $ 7,400 $ 700 $ 6,700 1.80 $120.60 $241.20 1974 $ 6,600 $ 700 $ 5,900 1.80 $106.20 $212.40 1973 $ 5,600 $ 600 $ 5,000 1.80 $ 90.00 $180.00 1972 $ 5,500 $ 600 $ 4,900 1.80 $ 88.20 $176.40 1971 $ 5,400 $ 600 $ 4,800 1.80 $ 86.40 $172.80 1970 $ 5,300 $ 600 $ 4,700 1.80 $ 84.60 $169.20
Year Maximum annual pensionable earnings Basic exemption amount Maximum contributory earnings Employee and employer contribution rate (%) Maximum annual employee and employer contribution Maximum annual self-employed contribution 1969 $5,200 $600 $4,600 1.80 $82.80 $165.60 1968 $5,100 $600 $4,500 1.80 $81.00 $162.00 1967 $5,000 $600 $4,400 1.80 $79.20 $158.40 1966 $5,000 $600 $4,400 1.80 $79.20 $158.40
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