3.1Notwithstanding subsection 3(1), after August 31, 1992, persons required to contribute to the Superannuation Account under subsection 3(1) shall contribute
(a)
five and eight-tenths per cent of the portion of the person’s salary that does not exceed the “Year’s Maximum Pensionable Earnings” as defined under the Canada Pension Plan Act, and
(b)
seven and one-half per cent of the portion of the person’s salary that exceeds the “Year’s Maximum Pensionable Earnings” as defined under the Canada Pension Plan Act.