Penad Pension Services Limited – Solution Ready

HomeEdward Blokland2023-04-18T14:39:14-04:00

Specialists

Administration Specialists

In business for over 40 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 (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