Contribution Amount History

Year Contribution Amount
2023 $7,200
2022 $7,000
2021 $6,600
2020 $6,300
2019 $6,200
2018 $6,000

Contribution indexing was introduced in 2018. From December 7, 2010 to January 29, 2018 the maximum contribution was $2,500. Prior to that it was $600.

The maximum contribution is indexed to the Year’s Maximum Pensionable Earnings (YMPE) and will change January 1 each year. SPP will release the updated contribution amount on December 17th of each year.

Member’s making contributions to their SPP account must have available RRSP room. This amount can be found on your Notice of Assessment provided by CRA.

To learn more about investment policies, and pooled fund management please download the supplementary resources:

Contribution Fund Investment PolicyAnnuity Fund Investment PolicyPooled Funds OverviewBF Fund FactsDIF Fund FactsSTF Fund Facts

RELATED RESOURCES

If you have questions or would like assistance, please contact SPP:

Toll-Free: 1-800-667-7153

Email: info@saskpension.com