Pension contribution rates for the 3 major public sector pension plans
Pension plan members contribute a percentage of their salary to the plans through payroll deductions.
Table of contents
Public service pension plan contribution rates effective January 1, 2022
Contribution Rates Table A applies to:
- public service pension plan members who were participating in the plan before January 1, 2013
- public service pension plan members who are employed or deemed to be employed in operational service within Correctional Service Canada
| From your salary… | In 2020 you contributed… | In 2021 you contributed… | In 2022 you will contribute… |
|---|---|---|---|
| On earnings up to the maximum covered by the Canada/Quebec Pension Plan ($64,900 in 2022) | 9.53% | 9.83% | 9.36% |
| On earnings over the maximum covered by the Canada/Quebec Pension Plan | 11.72% | 12.26% | 12.48% |
Note: Contribution rates are reduced to 1% of salary for all plan members who reach the maximum 35 years of pensionable service. |
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Contribution Rates Table B applies to:
- public service pension plan members who began participating in the plan on or after January 1, 2013
| From your salary… | In 2020 you contributed… | In 2021 you contributed… | In 2022 you will contribute… |
|---|---|---|---|
| On earnings up to the maximum covered by the Canada/Quebec Pension Plan ($64,900 in 2022) | 8.69% | 8.89% | 7.95% |
| On earnings over the maximum covered by the Canada/Quebec Pension Plan | 10.15% | 10.59% | 11.82% |
Note: Contribution rates are reduced to 1% of salary for all plan members who reach the maximum 35 years of pensionable service. |
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Why are the contribution rates in Table B different than those in Table A?
Employees who became public service pension plan members on or after January 1, 2013, are eligible for an unreduced pension at age 65. These plan members pay lower contribution rates because they must generally wait 5 years longer before they can access a retirement benefit (that is, they receive a benefit that has a lower overall cost and therefore do not pay as much as those who are eligible to receive an unreduced pension at age 60).
Further information
If you would like further information about how to calculate your pension, see the Public Service Pension Contribution Rates web page.
Canadian Armed Forces–Regular Force pension plan contribution rates effective January 1, 2022
| From your salary… | In 2020 you contributed… | In 2021 you contributed… | In 2022 you will contribute… |
|---|---|---|---|
| On earnings up to the maximum covered by the Canada/Quebec Pension Plan ($64,900 in 2022) | 9.53% | 9.83% | 9.36% |
| On earnings over the maximum covered by the Canada/Quebec Pension Plan | 11.72% | 12.26% | 12.48% |
Note: Contribution rates are reduced to 1% of salary for all plan members who reach the maximum 35 years of pensionable service. |
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Further information
If you would like further information about how to calculate your pension, see the Canadian Armed Forces pensions web page.
Royal Canadian Mounted Police pension plan contribution rates effective January 1, 2022
| From your salary… | In 2020 you contributed… | In 2021 you contributed… | In 2022 you will contribute… |
|---|---|---|---|
| On earnings up to the maximum covered by the Canada/Quebec Pension Plan ($64,900 in 2022) | 9.53% | 9.83% | 9.36% |
| On earnings over the maximum covered by the Canada/Quebec Pension Plan | 11.72% | 12.26% | 12.48% |
Note: Contribution rates are reduced to 1% of salary for all plan members who reach the maximum 35 years of pensionable service. |
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Further information
If you would like further information about how to calculate your pension, see the Pension and benefits for the Royal Canadian Mounted Police web page.
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