The increase in the YMPE to $66,600 combined with the announced maximum pension benefit of $3,506.67 in 2023 for each year of service under defined benefit pension plans means that the maximum pensionable salary (sometimes called the pensionable salary cap) under the UAPP will rise to $195,313.33 in 2023, up from $190,470.00 in 2022.
In 2023, the maximum pensionable salary under the UAPP is going up by 2.5%.
