Changes to the Québec Pension Plan
Changes to the Québec Pension Plan will be phased in from 2012 through 2017.
Necessary changes
With economic, demographic and social changes afoot, various aspects of the Québec Pension Plan had to be reviewed. Certain measures were announced in the Budget Speech of March 2011, while others were included in Bill 39, which the National Assembly of Québec passed on 11 December 2011.
The main purpose of the Plan changes is to:
- improve Plan funding
- encourage experienced workers age 60 and over to stay in the labour force
- address certain needs of Plan clienteles.
Benefits affected
Important!
Beneficiaries who are already receiving a pension when the changes come into effect will not be affected. The amount of their pension will stay the same and will continue to be indexed every year.
Explore the changes to the Québec Pension Plan according to the following life events:
For more information, consult...