2024 CPP2 limit

Effective January 1, 2024, a higher second earnings ceiling of $73,200, known as the Year’s Additional Maximum Pensionable Earnings (YAMPE), will be implemented and used to determine second additional CPP contributions (CPP2). This CPP2 is part of the CPP enhancement. 


As a result, pensionable earnings between $68,500 and $73,200 are subject to CPP2 contributions.   


The 2024 CPP2 maximums and rates are summarized as follows: 


Year’s Additional Maximum Pensionable Earnings 


Year’s Maximum Pensionable Earnings 


Basic Exemption 


Contributory Earnings 


Contribution Rate 


Maximum Contribution 

$ 188.00 

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