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To possess 2023, the fresh staff/employer share costs improved of 5.70% so you can 5.95% (overall away from 11.90%) of earnings around the new YMPE. It remains a similar inside the 2024 (although there has become an additional tier of efforts). As the CPP was initially built to change 25% away from pre-senior years income, the newest much time-name package should be to feel the system exchange 33.33% of one’s mediocre lifestyle earnings.
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