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Contributions

2010 Contribution tables Attachment (438.4 KB)
2010 Retirement Compensation Arrangement (RCA) contribution tables Attachment (438.4 KB)

Previous contribution tables

Contributions from members and employers, together with OMERS investment returns, fund the pensions that members receive.

2010 contribution rates (beginning with the first full pay in 2010)

Normal retirement age 65

Normal retirement age 60

Up to CPP earnings limit*

6.4%

7.9%

Above CPP earnings limit

9.7%

13.1%

*The YMPE for 2010 is $47,200 (year’s maximum pensionable earnings). This is the earnings limit up to which members also contribute to the Canada Pension Plan.

Pay period deductions/Extra pay period

You must deduct contributions from members' contributory earnings in each pay period.

In a year when a weekly or biweekly payroll has an extra (53rd or 27th) pay period, you can:

  • divide the YMPE by 53 or 27 to get the correct YMPE per pay period; or
  • divide the amount of contributions shown in the 1-pay-period-per-year table by 53 or 27. The variance is within the normal range and will pass our audit tests.