As of 2024, there are two contribution levels for the Canada Pension Plan (CPP). Income amounts and employee contribution percentages for 2025 for each contribution level are as follows.
- First tier contributions for 2025 are set at 5.95% of pensionable earnings between $3,500 and $71,300.
- Second tier contributions for 2025 are set at 4.0% of pensionable earnings between $71,300 and $81,200.
The maximum employee CPP contribution in 2025 for employees making only first-tier contributions (those with pensionable earnings of $71,300 or less) will be $4034.10. Employees making second tier contributions will be required to contribute up to an additional $396.00 in contributions for the year.