Industry News

For contribution year 2011 Money Purchase Pension Plans are increasing to $22,970 versus $22,450 last year.

For RRSPs, the limit for 2011 is $22,450, the limit for 2012 will be $22,970.

For Defined Benefit Pension Plans, the maximum pension accruarl has been set at $2,552.22, this is up from $2,494.44 last year.