The additional plan

Effective 1 January 2019


The additional plan will allow:

  • the rate at which income is replaced to increase

    An increase in the contribution rate will result in a gradual increase from 25% to 33.33% in the rate at which income is replaced.

  • the maximum pensionable salary to increase

    The salary on which an individual can make contributions will gradually increase until 2025, when it reaches 114% of the maximum pensionable earnings (MPE). The new ceiling will allow individuals who have contributed to the additional plan to receive increased retirement benefits that are proportional to those contributions.

  • disability and surviving spouse's pensions of individuals who work and contribute to the additional plan to increase

In order to enhance the Québec Pension Plan, the new contribution rates will be implemented in 2 stages:

  • From 2019 and 2023, the contribution rate will gradually increase for the portion of earnings between $3 500 (the basic exemption) and the maximum pensionable earnings (MPE), until the increase reaches 1% for both employers and employees.
  • As of 2024, a contribution rate of 4% will be added to the portion of earnings between the maximum pensionable earnings (MPE) and the new ceiling, which will be 107% of the MPE as of 2024 and 114% of the MPE as of 2025, both for employers and employees.
Note that...

The employee and the employer each pay half the contribution to the Québec Pension Plan. Self‑employed workers pay the entire contribution.

Gradual increase in contributions

The table below shows the increase in contribution rates for employers and for employees until 2025.

Contribution rate (employer or employee)
Annual earnings less than the MPE See the Note 1Annual earnings greater than the MPE See the Note 2
AnnéeBase planAdditional planTotalAdditional plan
20195.4%0.15%5.55%
20205.4%0.3%5.70%
20215.4%0.5%5.9%
20225.4%0.75%6.15%
20235.4%1.0%6.4%
20245.4%1.0%6.4% 4.0%
20255.4%1.0%6.4% 4.0%
  1. Contribution rate on pensionable salary between the basic exemption of $3 500 and the maximum pensionable earnings (MPE). Back to reference
  2. Contribution rate on pensionable salary between the maximum pensionable earnings (MPE) and the new pensionable earnings ceiling. The latter will be 107% of the MPE in 2024 and 114% of the MPE as of 2025 Back to reference

Additional plan: Contribution and retirement benefit tables

Maximum annual contributions of an employee whose income is equal to or higher than the salary indicated in 2021 dollars
YearSalaryBase plan Voir la Note 1Additional plan – component 1 Voir la Note 1Additional plan – component 2 Voir la Note 2Total
2021$61 600$3137$291$0$3428
2022$61 600$3137$436$0$3573
2023$61 600$3137$581$0$3718
2024$65 900$3137$581$172$3890
2025$70 200$3137$581$344$4062
2026$70 200$3137$581$344$4062
2027$70 200$3137$581$344$4062
2028$70 200$3137$581$344$4062
2029$70 200$3137$581$344$4062
2030$70 200$3137$581$344$4062
2045$70 200$3137$581$344$4062
2050$70 200$3137$581$344$4062
2065$70 200$3137$581$344$4062
  1. Salary lower than the MPE: Contribution rate on pensionable salary between the basic exemption of $3 500 and the maximum pensionable earnings (MPE). Back to reference
  2. Salary higher than the MPE: Contribution rate on pensionable salary between the maximum pensionable earnings (MPE) and the new pensionable earnings ceiling. The latter will be 107% of the MPE in 2024 and 114% of the MPE as of 2025 Back to reference
Maximum annual retirement pension at age 65 of an employee whose income is equal to or higher than the salary indicated in 2021 dollars
Year of birthYear of retirementSalaryBase plan Voir la Note 1Additional plan – component 1 Voir la Note 1Additional plan – component 2 Voir la Note 2Total
19562021$61 600$14 445$54$0$14 499
19572022$61 600$14 445$114$0$14 559
19582023$61 600$14 445$205$0$14 650
19592024$65 900$14 445$325$0$14 770
19602025$70 200$14 445$445$34$14 924
19612026$70 200$14 445$566$101$15 111
19622027$70 200$14 445$686$168$15 299
19632028$70 200$14 445$806$235$15 486
19642029$70 200$14 445$927$302$15 674
19652030$70 200$14 445$1047$370$15 862
19802045$70 200$14 445$2852$1378$18 675
19852050$70 200$14 445$3453$1714$19 612
20002065$70 200$14 445$4813$2689$21 947
  1. Salary lower than the MPE: Contribution rate on pensionable salary between the basic exemption of $3 500 and the maximum pensionable earnings (MPE). Back to reference
  2. Salary higher than the MPE: Contribution rate on pensionable salary between the maximum pensionable earnings (MPE) and the new pensionable earnings ceiling. The latter will be 107% of the MPE in 2024 and 114% of the MPE as of 2025 Back to reference

To better plan your retirement, try SimulR, our retirement income calculator.

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