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Edward Blokland
2021-06-08T14:35:47-04:00
Administration Specialists
In business for over 35 years, Penad knows pension administration! We offer a full third-party service to help our clients succeed.
World Class Software
Solutions for the administration of Defined Benefit, Defined Contribution, Social Security, and Group Life & Health benefit plans.
Latest Rates
YMPE (2023): $66,600.00
Three Year Avg.: $64,336.67
Five Year Avg.: $61,840.00
Basic Exemption: $3,500.00
CPP/QPP (2023)
Annual ER Cont.: $3,596.70
Annual EE Cont.: $3,596.70
Monthly Ret. Ben.: $1,288.33
Monthly Disability: $1,457.45
Old Age Security (2023)
Monthly OAS: $687.56
Annual Basic Max(1st Quarter): $8,250.72
CANSIM Rate (2023): 2.55 %
RRSP Limit (2023): $30,780
TFSA Limit (2021): $6,500
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