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The Year's Maximum Pensionable Earnings (YMPE)will

Question 61

Multiple Choice

The year's maximum pensionable earnings (YMPE) will


A) change each year based on a calculation of average incomes in Canada.
B) change each year based on an inflation formula.
C) stay the same since the CPP is a base pension plan to build other plans upon.
D) stay the same when GDP is negative but increase in positive GDP years.

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