In 2012, the contribution rate is 10,05%. Contributions to the Plan are divided equally between the employer and the employee. Each pays contributions equal to 5,025% of the portion of the employee's salary that falls between the basic exemption and the maximum pensionable earnings. Self-employed workers, however, pay the entire amount.
The contribution rate will increase by 0,15% a year until it reaches 10,80% in 2017. As of 2018, an automatic mechanism will be implemented to align the contribution rate with the steady-state rate.