| Age bracket | 海角社区 contributes % of basic earnings |
You contribute % of basic earnings |
QU脡BEC PENSION PLAN - QPP (2024) |
|---|---|---|---|
|
age 39 or less |
5.0% | 5.0% |
听 MUPP rates that apply on earnings > $73,200 after QPP stops for the year. |
|
age 40 to 49 |
7.5% | 7.0% | |
|
age 50 to 65 |
10.0% | 8.0% | |
|
age 39 or less |
3.2% |
3.2% |
听 MUPP rates that apply for earnings between the basic exemption ($3500) and <=$73,200 when you and the University contribute to the QPP. |
|
age 40 to 49 |
5.7% | 5.2% | |
|
age 50 to 65 |
8.2% | 6.2% | |
|
Tenure Stream Clinical听 |
plus 0.8% | plus 0.5% | 听 |
Learn more about how this works by watching a short .
| Defined Contribution | 听 | ||
|---|---|---|---|
Age bracket 听 |
海角社区 contributes % of basic earnings less cost sharing |
You contribute % of basic earnings plus cost sharing |
QU脡BEC PENSION PLAN - QPP (2024) |
|
age 39 or less |
5.0% | 5.0% | MUPP rates that apply on earnings > $73,200 after QPP stops for the year. |
|
age 40 to 49 |
7.5% | 7.0% | |
|
age 50 to 65 |
10.0% | 8.0% | |
|
age 39 or less |
3.2% | 3.2% |
MUPP rates that apply for earnings between the basic exemption ($3500) and <=$73,200 when you and the University contribute to the QPP. |
|
age 40 to 49 |
5.7% | 5.2% | |
|
age 50 to 65 |
8.2% | 6.2% | |
| Tenure Stream Clinical听 | plus 0.8% | plus 0.5% | 听 |
| Cost-Sharing | less 1.4%听 | plus 1.4%听 | 听 |
| Defined Benefit | 听 | ||
| 听 | 海角社区 assumes cost of going-concern plus degree of solvency | N/A | 听 |
Learn more about how this works by watching a short
Members of the 海角社区 Pension Plan (鈥淧lan鈥�) who are over age 65 who continue to be employed by the University may elect make AVCs to the Plan and receive an immediate tax relief at source. It is important to note that the University does not match AVCs. For more information, please refer to the 
Additional Voluntary Contribution - Information Sheet
Additional Voluntary Contribution - Information Sheet