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Protected B when completed   
  T1-2024 Canada Pension Plan
Contributions and Overpayment		 Schedule 8   
 
  The Canada Pension Plan (CPP) was amended to provide for the enhancement of pensions. The enhancements are funded by
additional contributions that began in January 2019.
  As of January 2024, a second additional CPP contribution is required on pensionable earnings that are more than the year's
maximum pensionable earnings but not more than the year's additional maximum pensionable earnings.
  CPP contributions consist of a base amount, first additional amount, and second additional amount. The contributions that you
are required to make are determined by your total amount of pensionable earnings for the year.
  Your employer will have already deducted the contributions from your salary or wages. As a self-employed individual, you will
calculate your required contributions (if any), including the base, first and second additional amounts, on this schedule.
  For more information about the enhancements, go to canada.ca/cpp-enhancement.
  For more information about lines 22200, 22215, 30800, and 31000, go to canada.ca/fed-tax-information.
 
  Find out if this schedule is for you
  Complete this schedule to calculate your required 2024 CPP contributions and overpayment if both of the following apply:
  • You were a resident of a province or territory other than Quebec on December 31, 2024  
  • You have no earned income from the province of Quebec  
  Attach a copy of this schedule to your paper return.
  Do not complete this schedule if any of your T4 slips show Quebec Pension Plan (QPP) contributions. Instead, complete
Form RC381, Inter-Provincial Calculation for CPP and QPP Contributions and Overpayments.
 
  Parts you have to complete
 
  Part 1 – Complete this part if you are:
  • electing to stop contributing to the CPP  
  • revoking a prior election  
  If not, leave it blank.  
 
  Part 2 – Complete this part to determine the number of months to use for your calculations in Parts 3 to 5 (whichever apply to you).
 
  Part 3 – Complete this part if you are reporting employment income. If not, leave it blank.
 
  Part 4 – Complete this part if you are reporting only self-employment income or other earnings you are electing to pay CPP
contributions on. If not, leave it blank.
 
  Part 5 – Complete this part if you are reporting both:
  • employment income (complete Part 3 first)  
  • self-employment income or other earnings that you are electing to pay CPP contributions on  
  If not, leave it blank.  
 
  5000-S8 E (24) (Ce formulaire est disponible en français.) Page 1 of 10  
 
Protected B when completed   
    Part 1 – Election to stop contributing to the CPP or revocation of a prior election  
     
    You were considered a CPP working beneficiary and were required to make CPP contributions in 2024 if you met all of the
following conditions:		  
     
    • You were 60 to 70 years of age  
    • You received a CPP or QPP retirement pension  
    • You had employment income or self-employment income or both  
     
    However, if you were at least 65 years of age, but under 70 years of age, you can elect to stop paying CPP contributions.  
     
    Employment income  
    If you had employment income for 2024 and elected in 2024 to stop paying CPP contributions or revoked in 2024 an election
made in a previous year, you should have already completed and sent Form CPT30, Election to Stop Contributing to the
Canada Pension Plan or Revocation of a Prior Election, to the Canada Revenue Agency (CRA) and your employer(s).		  
     
    Self-employment income only  
    If you had only self-employment income for 2024 and are electing in 2024 to stop paying CPP contributions on your
self-employment earnings, enter the month in 2024 that you are choosing to start this election on line 50372 below. The date
cannot be earlier than the month you turned 65 years of age and received a CPP or QPP retirement pension. For example,
if you turned 65 in June, you can choose any month from June to December. If you choose the month of June, enter "06" on
line 50372.		  
    If, in 2024, you are revoking an election made in a previous year on contributions on self-employment earnings, enter the
month in 2024 that you are choosing to revoke this election on line 50374 below. Your election remains valid until you revoke
it or turn 70 years of age. If you start receiving employment income (other than employment income earned in Quebec) in a
future year, you will need to complete Form CPT30 in that year for your election to remain valid.		  
    Employment and self-employment income  
    If you had both employment income and self-employment income in 2024 and wanted to elect to stop paying CPP
contributions in 2024 or revoke, in 2024, an election made in a previous year, you should have completed Form CPT30
in 2024. An election made using Form CPT30 applies to all income from pensionable earnings, including self-employment
earnings, as of the first day of the month after the date you gave this form to your employer.		  
    If you completed and sent Form CPT30 when you became employed in 2024, but your intent was to elect in 2024 to stop
paying CPP contributions or revoke an election made in a previous year on your self-employment income before you
became employed, enter the month you want to stop paying CPP contributions on line 50372.		  
    If you want to revoke, in 2024, an election made in a previous year, enter the month that you want to resume contributing to
the CPP on line 50374.		  
    If you did not complete and send Form CPT30 for 2024 when you became employed, you cannot elect to stop paying
CPP contributions or revoke an election made in a previous year on your self-employment earnings for 2024 on this schedule.		  
     
     
    Election or revocation  
    If you had self-employment income in 2024, an election or a revocation that begins in 2024 must be made on or before
June 15, 2026, to be valid.		  
     
    I elect to stop contributing to the CPP on my self-employment earnings on the first day of Month    
    the month entered on line 50372. 50372    
     
    I want to revoke an election made in a previous year to stop contributing to the CPP on my
self-employment earnings and resume contributing to the CPP on the first day of the month
Month		    
    entered on line 50374. 50374    
     
 
  5000-S8 E (24) Page 2 of 10  
 
Protected B when completed   
 
    Part 2 – Number of months to use for your CPP contributions calculation  
     
    Enter "12" on line A below unless any of the following conditions apply:  
  a) You turned 18 years of age in 2024. Enter the number of months in the year after the month you turned 18 on line A  
  b) You were receiving a CPP or QPP disability pension for all of 2024. Enter "0" on line A. If you started or stopped receiving
a CPP or QPP disability pension in 2024, enter the number of months you were not receiving a disability pension on line A		  
  c) You were 65 to 70 years of age in 2024 receiving a CPP or QPP retirement pension and you elected to stop paying
CPP contributions in 2024. Enter the number of months in the year, up to and including the month you made the election,
on line A. If you had self-employment income in 2024 and entered a month on line 50372 of Part 1, enter on line A the
number of months in the year prior to the month that you entered on line 50372		  
  d) You were 65 to 70 years of age in 2024 receiving a CPP or QPP retirement pension, elected to stop paying CPP
contributions in a previous year, and have not revoked that election. Enter "0" on line A		  
  e) You were 65 to 70 years of age in 2024 receiving a CPP or QPP retirement pension, elected to stop paying CPP
contributions in a previous year, and revoked that election in 2024. Enter the number of months in the year after the
month you revoked the election on line A. If you had self-employment income in 2024 and entered a month on line 50374
of Part 1, enter on line A the number of months in the year after and including the month you entered on line 50374		  
  f) You turned 70 years of age in 2024 and did not elect to stop paying CPP contributions. Enter the number of months in
the year, up to and including the month you turned 70 years of age, on line A		  
  g) You were 70 years of age or older for all of 2024. Enter "0" on line A  
  h) The individual died in 2024. Enter the number of months in the year, up to and including the month the individual died,
on line A		  
     
    If more than one condition above applies to you, calculate the number of months based on the combined conditions and
enter the result on line A.		  
     
    Enter the number of months that CPP applied in 2024.     A  
     
    Monthly proration for 2024    
    Number
of months		 Additional maximum
pensionable earnings		 Maximum
pensionable earnings		 Maximum
basic exemption		 Maximum amount subject
to second additional
contributions		    
    1 $6,100.00 $5,708.33 $291.67 $391.67    
    2 $12,200.00 $11,416.67 $583.33 $783.33    
    3 $18,300.00 $17,125.00 $875.00 $1,175.00    
    4 $24,400.00 $22,833.33 $1,166.67 $1,566.67    
    5 $30,500.00 $28,541.67 $1,458.33 $1,958.33    
    6 $36,600.00 $34,250.00 $1,750.00 $2,350.00    
    7 $42,700.00 $39,958.33 $2,041.67 $2,741.67    
    8 $48,800.00 $45,666.67 $2,333.33 $3,133.33    
    9 $54,900.00 $51,375.00 $2,625.00 $3,525.00    
    10 $61,000.00 $57,083.33 $2,916.67 $3,916.67    
    11 $67,100.00 $62,791.67 $3,208.33 $4,308.33    
    12 $73,200.00 $68,500.00 $3,500.00 $4,700.00    
     
  Note: If you started receiving CPP retirement benefits in 2024, your amount of basic exemption may be prorated by the CRA.  
     
  Enter the corresponding amounts from the monthly proration table above using the number of months from line A.  
     
    Your additional maximum pensionable earnings for 2024 (maximum $73,200)    B  
     
    Your maximum pensionable earnings for 2024 (maximum $68,500)    C  
     
    Your maximum basic exemption for 2024 (maximum $3,500)    D  
     
    Your maximum amount subject to second additional contributions for 2024 (maximum $4,700)    E  
     
 
  5000-S8 E (24) Page 3 of 10