New: Discover our next-generation human resources management solution Nethris Evo - Contribution Calculation
| Rate/Amount | 2024 | 2025 |
|---|---|---|
| Contribution rate | 5.95 % | 5.95 % |
| Maximum eligible earnings | $68,500.00 | $71,300.00 |
| Annual exemption | $3,500.00 | $3,500.00 |
| Maximum annual pensionable earnings | $65,000.00 | $67,800.00 |
| Maximum annual contribution (employee and employer) | $3,867.50 | $4,034.10 |
| Maximum supplementary eligible earnings | $73,200.00 | $81,200.00 |
| Maximum supplementary contributory earnings | $4,700.00 | $9,900.00 |
| Additional contribution rate (employee/employer) | 4.00 % | 4.00 % |
| Maximum annual additional contribution (employee/employer) | $188.00 | $396.00 |
Basic Exemptions
| Frequency | 2024 | 2025 |
|---|---|---|
| Weekly (52 pay periods) | $67.30 | $67.30 |
| Bi-weekly (26 pay periods) | $134.61 | $134.61 |
| Semi-monthly (24 pay periods) | $145.83 | $145.83 |
| Monthly (12 pay periods) | $291.66 | $291.66 |
| Annually | $3,500.00 | $3,500.00 |
At Nethris, our goal is to help Canadian companies keep up with rapidly changing legislation and to understand the impact of certain governmental requirements on payroll and human resources management. However, the information on this page is intended as a guideline. In the event of a discrepancy between the content of this page and the information provided by official agencies, the latter always takes precedence. Nethris is not responsible for errors and omissions that may be on this page nor for consequences resulting from its use.