Effective January 1, 2009, public service pension plan contributions will be 5.2 % (to a maximum of $ 2,407.60 for the 2009 taxation year) on all
pensionable earnings below and equal to the yearly maximum
pensionable earnings (YMPE)($ 46,300 for the 2009 taxation year) and 8.4 % on all
pensionable earnings
over the YMPE.