YMPE
E731453
YMPE is a key earnings ceiling used by the Canada Pension Plan to determine maximum pensionable earnings and benefit calculations.
Statements (35)
| Predicate | Object |
|---|---|
| instanceOf |
Canada Pension Plan concept
ⓘ
earnings ceiling ⓘ social insurance parameter ⓘ |
| affects |
maximum CPP disability pension
ⓘ
maximum CPP retirement pension ⓘ maximum CPP survivor pension ⓘ |
| appliesFrom | January 1 of each year ⓘ |
| appliesTo |
CPP contributions
ⓘ
CPP disability benefits ⓘ CPP retirement benefits ⓘ CPP survivor benefits ⓘ employees in Canada ⓘ self-employed persons in Canada ⓘ |
| category |
public pension parameter
ⓘ
social security earnings limit ⓘ |
| country | Canada ⓘ |
| currency | Canadian dollar NERFINISHED ⓘ |
| defines | maximum pensionable earnings under the CPP ⓘ |
| determinedBy |
Employment and Social Development Canada
NERFINISHED
ⓘ
Government of Canada NERFINISHED ⓘ |
| fullName | Year’s Maximum Pensionable Earnings ⓘ |
| hasCharacteristic |
indexed to average wage growth
ⓘ
set annually ⓘ |
| introducedFor | linking CPP parameters to wage levels ⓘ |
| legalFramework | Canada Pension Plan legislation NERFINISHED ⓘ |
| relatedTo |
CPP contribution rate
ⓘ
CPP enhancement ⓘ Year’s Basic Exemption NERFINISHED ⓘ |
| timeUnit | annual ⓘ |
| upperLimitFor | CPP contributory earnings ⓘ |
| usedBy | Canada Pension Plan NERFINISHED ⓘ |
| usedFor |
calculating CPP benefit amounts
ⓘ
calculating CPP contributions ⓘ determining contributory earnings ⓘ |
| usedIn | CPP benefit formula ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
Canada Pension Plan