CPP Explained — Canada Pension Plan Contributions 2025

How the Canada Pension Plan works: contribution rates, maximum pensionable earnings, and what you can expect to receive in retirement for 2025.

2025 CPP Contribution Rates

• Employee rate: 5.95% on earnings between $3,500 and $71,300.
• Maximum employee contribution: $4,034.10 per year.
• CPP2: Additional 4% on earnings between $71,300 and $81,200 (max $396.00).
• Self-employed: Pay both employee and employer portions (11.9%).

CPP retirement benefits replace roughly 25% of your average lifetime earnings, up to the maximum pensionable amount.