The current amendments proposed in Bill C-30 would reduce the contribution rate from 9.9% to 9.5% for the base CPP. The chief actuary determined that 9.5% is sufficient to fund the plan for the next 75 years.
Director General, Federal-Provincial Relations, Department of Finance
The current amendments proposed in Bill C-30 would reduce the contribution rate from 9.9% to 9.5% for the base CPP. The chief actuary determined that 9.5% is sufficient to fund the plan for the next 75 years.
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