98.1. The first additional unadjusted pensionable earnings of a contributor for a year are an amount equal to the least of the three following amounts:(a) the total of(1) his pensionable salary and wages,
(2) his pensionable earnings from self-employment, and
(3) his pensionable earnings as a family-type resource or an intermediate resource;
(b) the aggregate of the three following amounts:(1) the total of his salary and wages on which a first additional contribution has been made and the amount obtained by dividing his first additional contribution in respect of his self-employed earnings and earnings as a family-type resource or an intermediate resource by the first additional contribution rate for the year,
(2) the total, determined in prescribed manner, of his salary and wages on which a first additional contribution has been made under a similar plan and the amount obtained by dividing his first additional contribution under such plan in respect of his self-employed earnings by the first additional contribution rate for the year for a self-employed worker determined under such plan, and
(3) the contributor’s personal exemption for the year; and
(c) his maximum pensionable earnings for the year.
Nevertheless, if, for a year, the amount of the contributor’s first additional unadjusted pensionable earnings does not exceed his personal exemption, such amount is deemed to be nil.
2018, c. 22018, c. 2, s. 461.