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2020 Year's Maximum Pensionable Earnings (YMPE) and Maximum Pensionable Salary

​​Your monthly contribution to the Plan is integrated with your contribution to the Canada Pension Plan (CPP) and takes the YMPE into consideration. The YMPE is the year's maximum pensionable earnings covered by the CPP. The YMPE for 2020 is $58,700. The Defined Benefit limit set by Canada Revenue Agency is $3,092.22 in 2020; therefore, the maximum pensionable salary will be $172,221 for 2020.

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