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To possess 2023, the brand new staff/workplace share costs increased from 5.70% in order to 5.95% (full of eleven.90%) of income to the new YMPE. It remains a similar within the 2024 (although there is now a second level out of contributions). Because the CPP was first designed to exchange 25% of pre-retirement money, the brand new enough time-label package is always to have the program exchange 33.33% of the average existence income.

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