The Social Security and National Insurance Trust (SSNIT) has increased the maximum insurable earning for 2023 to ¢42,000, from ¢35,000.
This increase takes effect from January 1, 2023.
In a statement, the Trust emphasised that the increase was made after careful consultation with the National Pensions Regulatory Authority in accordance with Section 63 (3) of the National Pensions Act 2008 (Act 766).
Accordingly, the minimum insurable earning has also been increased from ¢365.33 to ¢401.76, following the raise in the National Daily Minimum Wage.
It further urged employers and members of the insurance scheme to comply with the new changes and ensure the right contributions as the maximum and minimum contributions payable to SSNIT will be ¢5,670 and ¢54.24 respectively.
<img src="https://www.mtlblog.com/media-library/audi-s-iconic-vehicle.jpg?id=60355431&width=1200&height=800&coordinates=0%2C192%2C0%2C192"/><br/><br/><p>Nothing beats Canadian Grand Prix weekend in Montreal. Not only is there the thrill of race, but the city comes alive with amazing events that add extra pizzazz to this electric time of year. </p><p>If you love F1, you need to check out <em><em>Audi Haus—Performance Art.</em></em> This collaboration between <a href="https://sr.studiostack.com/c/link?l=2017350&s=2017345" rel="noopener nofollow" target="_blank">Audi</a> and the award-winning digital art studio Iregular<em> </em>welcomes you on a sensory journey through the engineering marvels that make Audi what it is — showcasing how the brand’s F1 expertise translates into every Audi vehicle.</p><p>The immersive exhibit uses large-scale digital sculptures and interactive installations to bring the philosophy of Vorsprung durch Technik (Progress through Technology) to life. Open to the public from June 13-14, it celebrates the art of the performance through light, legacy and innovation. </p><p>In the exhibit, you'll get to experience the living legacy of the RS 6 Avant GT and the all-new S6 e-tron — the most aerodynamic Audi of all time. All new vehicles will also be on display, including the all-new 2025 S5, the next generation of Audi where power meets finesse, and the all-new 2025 SQ5, Audi’s bold benchmark SUV with a "powerful, commanding silhouette. Redefined Luxury is here." </p><p>The exhibit also features standout models like the R8 GT — born on the track, perfected for the road; the RS e-tron GT performance — the most powerful Audi ever built; the RS Q8 performance — equipped with the most powerful combustion engine in an RS, and the RS 3 — a record-setter in Audi’s compact class, returning to Canada after five years. It’s a rare opportunity to get up close with the machines making headlines.</p><p>Even the best seats at Circuit Gilles Villeneuve won't get you this close to the engineering masterpieces that Audi brings to the city. You can follow their Instagram account, <a href="https://sr.studiostack.com/c/link?l=2018333&s=2017345" rel="noopener nofollow" target="_blank">@audicanada</a> to stay tuned!</p><h2>Audi Haus—Performance Art </h2><blockquote class="instagram-media" data-instgrm-permalink="https://www.instagram.com/p/DKXRyVDvo52/" data-instgrm-version="4" style="background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:658px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);">
<div style="padding:8px;">
<div style="background:#F8F8F8; line-height:0; margin-top:40px; padding:50% 0; text-align:center; width:100%;">
<div style="background:url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAACwAAAAsCAMAAAApWqozAAAAGFBMVEUiIiI9PT0eHh4gIB4hIBkcHBwcHBwcHBydr+JQAAAACHRSTlMABA4YHyQsM5jtaMwAAADfSURBVDjL7ZVBEgMhCAQBAf//42xcNbpAqakcM0ftUmFAAIBE81IqBJdS3lS6zs3bIpB9WED3YYXFPmHRfT8sgyrCP1x8uEUxLMzNWElFOYCV6mHWWwMzdPEKHlhLw7NWJqkHc4uIZphavDzA2JPzUDsBZziNae2S6owH8xPmX8G7zzgKEOPUoYHvGz1TBCxMkd3kwNVbU0gKHkx+iZILf77IofhrY1nYFnB/lQPb79drWOyJVa/DAvg9B/rLB4cC+Nqgdz/TvBbBnr6GBReqn/nRmDgaQEej7WhonozjF+Y2I/fZou/qAAAAAElFTkSuQmCC); display:block; height:44px; margin:0 auto -44px; position:relative; top:-22px; width:44px;">
</div>
</div>
<p style=" margin:8px 0 0 0; padding:0 4px;">
<a href="https://www.instagram.com/p/DKXRyVDvo52/" style=" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_top">See on Instagram</a>
</p>
</div>
</blockquote><script async="" defer="" src="//platform.instagram.com/en_US/embeds.js"></script><p>When: 11 a.m.-8 p.m., June 13-14, and 11 a.m.-5 p.m., June 15, 2025</p><p>Address: Grand Quai du Port de Montreal - 200, rue de la Commune O., Montreal, QC</p><p><a href="https://sr.studiostack.com/c/link?l=2017347&s=2017345" rel="noopener nofollow" target="_blank">Learn more about the all-new 2025 Q5 family</a></p>