Calculation of Contribution Rates Regulations, 2021 (SOR/2021-5)

Marginal note:Definitions

1 The following definitions apply in these Regulations.

Act

Act means the Canada Pension Plan. (Loi)

additional contribution rate ratio

additional contribution rate ratio means the ratio — rounded to the nearest whole number or, if equidistant from two whole numbers, to the higher whole number — of the percentage specified in paragraph 46(1)(c) of the Act to the percentage specified in paragraph 46(1)(b) of the Act. (rapport du taux de cotisation supplémentaire)

contributory earnings

contributory earnings means the contributory salary and wages and the contributory self-employed earnings referred to in sections 12 and 13, respectively, of the Act. (gains cotisables)

increased or new benefits

increased or new benefits means the increased or new benefits referred to in paragraph 113.1(4)(e) of the Act. (accroissement ou établissement de prestations)

review period

review period means any three-year period for which the Chief Actuary prepares a report for the purpose of subsection 115(1) of the Act. (période d’examen)