TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

MAXIMUM CONTRIBUTION [1 record]

Record 1 2009-05-22

English

Subject field(s)
  • Pensions and Annuities
  • Social Security and Employment Insurance
CONT

Maximum contribution: A member's required contributions for any year shall not exceed $1,000 plus 70 per cent of the member's pension credit.

CONT

Many workers have permanently lost the opportunity of tax assistance for retirement saving because more immediate financial pressures prevented maximum contributions in a given year.

French

Domaine(s)
  • Pensions et rentes
  • Sécurité sociale et assurance-emploi
CONT

Cotisation maximale : Les cotisations obligatoires du participant au cours d'une année donnée ne peuvent excéder 1 000$ plus 70 pour cent des droits à pension du participant.

Spanish

Campo(s) temático(s)
  • Pensiones y rentas
  • Seguridad social y seguro de desempleo
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