What is the year’s maximum pensionable earnings?

The year’s maximum pensionable earnings amount is set by the federal government.


Each year, the federal government sets the year’s maximum pensionable earnings (YMPE). This is the maximum salary amount on which you need to contribute to the Canada Pension Plan.

Up to April 1, 2018, we use YMPE in our formula to calculate your annual contribution to BC's Public Service Pension Plan.

Year YMPE
2018 $55,900
2017 $55,300
2016 $54,900
2015 $53,600
2014 $52,500

For pensionable service earned on or after April 1, 2018, we will no longer use YMPE to calculate your annual contribution to the plan. Instead, your contributions will be based on a single contribution rate.

 

Page last updated: March 16, 2018