YMPE definition

YMPE means Yearly Maximum Pensionable Earnings as defined in Pension Legislation;
YMPE means the Year’s Maximum Pensionable Earnings under the Canada Pension Plan for a specified calendar year.

Examples of YMPE in a sentence

  • It is anticipated that the contribution rate for the members and the employer on the UPP Accrual Date will each be 9.2% on pensionable earnings below the YMPE and 11.5% on pensionable earnings above the YMPE.


More Definitions of YMPE

YMPE means the Year's Maximum Pensionable Earnings as defined each year under the Canada Pension Plan, as amended from time to time. This shall also be known as "Canada Pension Plan Ceiling".
YMPE means Year's Maximum Pensionable Earnings under the Canada/Québec Pension Plan.
YMPE means the year’s maximum pensionable earnings as defined in the Canada Pension Plan. As well, the wordsdeferred life annuity”, “financial institution”, “immediate life annuity”, “life income fund (“LIF”)”, “locked-in registered retirement savings plan (“LIRSP”)”, “restricted life income fund (“RLIF”)”, “restricted locked-in savings plan (“RLSP”)” and “pension benefit credit” have the same meanings given to them in the Pension Act and the Regulation. The other words used in this Addendum have the same meaning given to them in the Declaration of Trust. I will refer to the Declaration of Trust if I need to when reading those words.
YMPE means in any year, without regard to a Member’s actual Earnings, the Year’s Maximum Pensionable Earnings established each year under the Canada Pension Plan as amended from time to time. Notwithstanding the foregoing, in the event that the Canada Pension Plan is terminated, replaced, or amended significantly such that the YMPE is reduced or eliminated, the University retains the right to use an equivalent measure of pensionable earnings, provided such measure is permitted under Revenue Rules.
YMPE means Year’s Maximum Pensionable Earnings under the Canada/Québec Pension Plan.
YMPE means the Year’s Maximum Pensionable Earnings as defined in the Canada Pension Plan. Unless the context requires otherwise, reference in this Plan to the masculine includes the feminine and vice versa, and a word importing the singular includes the plural and vice versa. Where any reference is made in the Plan to Section (s), it shall mean Section (s) of the Plan unless specifically stated otherwise.