IPPs at a glance

Individual Pension Plans

2026 Contributions at a glance

Notes and Assumptions

Plan effective January 1, 2026. Based on a male living in Ontario with a birth date of January 1st. Connected person¹ (but not related²) with T4 earnings of at least $196,600 since 1991 (or age 20 if later) and has maximized their RRSP (personal not spousal) each year since 1991 (or age 20 if later). Past service costs and projected annual pension includes past service from 1991 (or age 20 if later) to 2025 inclusive. The Canada Revenue Agency (CRA) maximum pension is $3,932 for 2026 and for the purpose of this illustration, indexed @ 5.5% per year thereafter. The results presented in this illustration were determined on a maximum funding valuation basis (e.g. the assumptions used are those prescribed under Section 8515 of the Income Tax Regulations). The use of other assumptions would likely produce different results.

The Qualifying transfer amount doesn’t consider the $8,000 PSPA exemption.

1 A connected person owns or is related to someone who owns 10% or more of any class of shares of the company. 2 A related person owns or is related to someone who owns 50% or more of the voting shares of the company.