Protected B when completed | ||||||||||||||||||||||
Part 2 – Number of months to use for your CPP and QPP contributions calculation (continued) | ||||||||||||||||||||||
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 lines A and B. | ||||||||||||||||||||||
CPP: | ||||||||||||||||||||||
Your additional maximum pensionable earnings for 2024 | (maximum $73,200) | C | ||||||||||||||||||||
Your maximum pensionable earnings for 2024 | (maximum $68,500) | D | ||||||||||||||||||||
Your maximum basic exemption for 2024 | (maximum $3,500) | E | ||||||||||||||||||||
Your maximum amount subject to second additional contributions for 2024 | (maximum $4,700) | F | ||||||||||||||||||||
QPP: | ||||||||||||||||||||||
Your additional maximum pensionable earnings for 2024 | (maximum $73,200) | G | ||||||||||||||||||||
Your maximum pensionable earnings for 2024 | (maximum $68,500) | H | ||||||||||||||||||||
Your maximum basic exemption for 2024 | (maximum $3,500) | I | ||||||||||||||||||||
Your maximum amount subject to second additional contributions for 2024 | (maximum $4,700) | J | ||||||||||||||||||||
RC381 E (24) | Page 4 of 18 |