Frequently asked questions about contributions to the Québec Pension Plan
You can find answers to your questions rapidly in the FAQ. For further information, consult the section Work.
Workers age 18 and over whose earnings exceed 3 500 $ must contribute to the Québec Pension Plan. The minimum has been 3 500 $ since 1998.
All workers age 18 and over must contribute to the Plan.
More than 4 000 000 Quebeckers contribute to the Plan.
In 2015, the contribution rate is 10,50 %. Contributions to the Plan are divided equally between the employer and the employee. Each pays contributions equal to 5,25 % 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.
The Québec Pension Plan's assets are managed by the Caisse de dépôt et placement du Québec.
As at 31 December 2014, the Plan's assets were more than 51 billion $.
You must have contributed for at least one year.