Cpp contribution chart
The Canada Pension Plan (CPP) retirement pension is a monthly, taxable benefit that replaces part of your income when you retire. If you qualify, you’ll receive the CPP retirement pension for the rest of your life. This article explains how to calculate Canada Pension Plan (CPP) and Employment Insurance (EI), as well as what to check for when it isn't calculating correctly. Calculate CPP With a few exceptions, all employees pay the Canada Pension Plan (CPP) at a rate of 5.10% (matched exactly by the employer) The CPP is not a pension plan because no one can live comfortably on the benefits, or at all if you’re single. The CPP is not a pension plan. It is a Personal Pension Plan supplement. The CPP is indexed at a fictitious rate that will never keep up with any level of inflation.