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#YMPE (Canadian law)

Canadian yearly maximum pensionable earnings

Returns the Canadian yearly maximum pensionable earnings. ProVal projects the yearly maximum pensionable earnings value by starting with the rounded value for the year of the valuation date, multiplying this value by one plus the applicable increase rate for each year thereafter and then rounding the result down to the next multiple of $100.

Syntax:

#YMPE

Related Operators:

#AVGYMPE