Québec Pension Plan Figures

You will find below some basic information on the Plan and the maximum pensions and death benefit paid under the Plan.

Basic information 2012
Maximum Pensionable Earnings 50 100 $
Basic exemption 3 500 $
Contribution rate 10,05 %
Maximum contribution for workers (5,025 %) and employers (5,025 %) 2 341,65 $
Maximum contribution for self-employed workers (10,05 %) 4 683,30 $
Indexation rate for benefits as
at 1 January 2012
2,8 %

Maximum amounts for pensions beginning in 2012(1)
Retirement pension
- age 65 986,67 $
- age 60 (70%) 690,67 $
- age 70 (130%) 1 282,67 $
Disability pension 1 185,47 $
Pension for a disabled person's child 71,32 $
Orphan's pension 224,62 $
Surviving spouse's pension(2)
- beneficiary under age 45
without dependent children, not disabled 484,09 $
with dependent children, not disabled 783,62 $
disabled, with or without dependent children 815,47 $
- between ages 45 and 64 815,47 $
- age 65 or over 592,00 $

Amount for the death benefit
2 500 $
(1) Pensions calculated using the average of maximum pensionable earnings for the last 5 years.
(2) Pension calculated with respect to contributors who die in 2012 and who were not receiving a retirement pension.

 

 

Basic information 2011
Maximum Pensionable Earnings 48 300 $
Basic exemption 3 500 $
Contribution rate 9,9 %
Maximum contribution for workers (4,95 %) and employers (4,95 %) 2 217,60 $
Maximum contribution for self-employed workers (9,9 %) 4 435,20 $
Indexation rate for benefits as
at 1 January 2011
1,7 %

Maximum amounts for pensions beginning in 2011(1)
Retirement pension
- age 65 960,00 $
- age 60 (70%) 672,00 $
- age 70 (130%) 1 248,00 $
Disability pension 1 153,34 $
Orphan's pension and pension for a disabled person's child 69,38 $
Surviving spouse's pension(2)
- beneficiary under age 45
without dependent children, not disabled 470,98 $
with dependent children, not disabled 762,35 $
disabled, with or without dependent children 793,34 $
- between ages 45 and 64 793,34 $
- age 65 or over 576,00 $

Amount for the death benefit
2 500 $
(1) Pensions calculated using the average of maximum pensionable earnings for the last 5 years.
(2) Pension calculated with respect to contributors who die in 2011 and who were not receiving a retirement pension.

Québec Pension Plan Figures - Archives

Did you know that?

Your Statement of Participation tells you how much you have contributed to the Québec Pension Plan since you began working.