Home > Glossary > Year's Maximum Pensionable Earnings - YMPE
Meaning / Definition of
Year's Maximum Pensionable Earnings - YMPE
Categories: Finance,
A figure set each year by the Canadian government determining the maximum amount on which to base contributions to the Canada or Quebec pension plan (C/QPP). The YMPE specifies the earnings amount that can be used in calculating pension contributions for each year.
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