Canada Pension Plan Cola Increase For 2024. Contributions to the canada pension plan have gone up in 2024. All the pensioners or survivors of.
Canada pension plan increases are coming in 2024, meaning higher potential earnings in retirement—but also larger payroll deductions for employees. The canada revenue agency (cra) has announced an additional $1,660 in canada pension plan (cpp) payments for eligible recipients, starting in 2024.