Cpp Cost Of Living For 2024. In 2024, the canada pension plan (cpp) will see a significant cost of living increase to help beneficiaries manage their expenses better. The maximum monthly cpp payment increased by 4.4% from $1,306.57 in 2023 to $1,364.60 in 2024.
This additional contribution, coupled with the existing. The first earnings ceiling is the eligible income on which you make cpp contributions.