The Role of the Employer and the Québec Pension Plan
The Québec Pension Plan (QPP) is a compulsory public insurance plan. Its purpose is to provide persons who work in Québec (or have worked in Québec) and their families with basic financial protection in the event of retirement, death or disability.
As an employer, it is your responsibility to collect
QPP contributions and remit them to
Revenu Québec.
Québec Pension Plan figures
Basic information for 2024
| Basic exemption | $3500 |
| Yearly maximum pensionable earnings, also called maximum pensionable earnings (MPE) | $68 500 |
|
Additional maximum annual pensionable earnings, also called additional maximum pensionable earnings (YAMPE) | $73 200 |
| Contribution rate See
(Note 1) |
|---|
| On earnings between $3500 and $68 500 |
|---|
| Base plan |
10.8% |
| Additional plan |
2% |
| On earnings between $68 500 and $73 200 |
|---|
| Additional plan | 8% |
| Maximum contribution for workers and employers |
|---|
| On $65 000 (earnings between $3500 and $68 500 [MPE]) |
|---|
| Base plan (5.4%) | $3510 |
| Additional plan (1%) | $650 |
| On $4700 (earnings between $68 500 and $73 200 [YAMPE]) |
|---|
| Additional plan (4%) | $188 |
| Maximum contribution for self-employed workers |
|---|
| On $65 000 (earnings between $3500 and $68 500 [MPE]) |
|---|
| Base plan (
10.8%) | $7020 |
| Additional plan (
2%) | $1300 |
| On $4700 (earnings between $68 500 and $73 200 [YAMPE]) |
|---|
| Additional plan (8%) | $376 |
| Indexation rate for benefits as at 1 January 2024 |
4.4% |
|---|
Basic information on the Québec Pension Plan in 2024
| Maximum Pensionable Earnings | $68 500 |
| Basic exemption | $3500 |
|
Contribution rate | |
| Base plan |
10.8% |
| Additional plan |
2% |
|
Maximum contribution for workers and employers | |
| Base plan (5.4%) | $3510.00 |
| Additional plan (1%) | $650.00 |
|
Maximum contribution for self-employed workers | |
| Base plan (10.8%) | $7020.00 |
| Additional plan (2%) | $1300.00 |
| Indexation rate for benefits as at 1 January
2024 |
4.4% |
-
Note 1 Employers and workers each pay half of the contribution. Self-employed workers pay both shares of the contribution. Back to reference
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