2024 Maximum Pensionable Earnings. The enhancement means that the cpp will begin to grow to replace one third (33.33%) of the average work earnings you receive after 2019. The ympe determines the maximum earnings amount for contributions to the cpp.
The ympe determines the maximum earnings amount for contributions to the cpp. The canada revenue agency has released the 2024 year’s maximum pensionable earnings (“ympe”) and the year’s additional maximum pensionable.