Penad Pension Services Limited – Solution Ready

HomeEdward Blokland2021-06-08T14:35:47-04:00

Specialists

Administration Specialists

In business for over 35 years, Penad knows pension administration! We offer a full third-party service to help our clients succeed.

We Provide Solutions!

World Class Software

Solutions for the administration of Defined Benefit, Defined Contribution, Social Security, and Group Life & Health benefit plans.

latestrates

Latest Rates

YMPE (2022): $64,900.00
Three Year Avg.: $61,773,33
Five Year Avg.: $59,700.00
Basic Exemption: $3,500.00

CPP/QPP (2022)
Annual ER Cont.: $3,499,80
Annual EE Cont.: $3,499,80
Monthly Ret. Ben.: $1,243.75
Monthly Disability: $ 1,457.45

Old Age Security (2022)
Monthly OAS: $642.25
Annual Basic Max(1st Quarter): $7,707.00

CANSIM Rate (2022): 0.7483%

RRSP Limit (2022): $29,210

TFSA Limit (2021): $6,000