Québec Pension Plan Figures - Archives
Basic information on the Québec Pension Plan in 2020
| Maximum Pensionable Earnings | $58 700 |
| Basic exemption | $3500 |
|
Contribution rate | |
| Base plan | 10.80% |
| Additional plan | 0.60% |
|
Maximum contribution for workers and employers | |
| Base plan (5.4%) | $2980.80 |
| Additional plan (0.30 %) | $165.60 |
|
Maximum contribution for self-employed workers | |
| Base plan (10.80%) | $5961.60 |
| Additional plan (0.60%) | $331.20 |
Indexation rate for benefits as
at 1 January 2020 | 1.9% |
Maximum amount for lump-sum
| Death benefit | $2500 |
Maximum monthly amounts See note(1)
| Retirement pension |
|---|
| Age 65 (100% of the maximum pension) | $1177.30 |
| Age 60 (64% of the maximum pension) | $753.47 |
| Age 70 (142% of the maximum pension) | $1671.77 |
| Disability benefits |
|---|
| Disability pension | $1388.46 |
| Additional amount for disability for retirement pension beneficiaries | $505.76 |
| Pension for a disabled person's child | $80.97 |
| Survivors' benefits |
|---|
| Orphan's pension | $255.03 |
| Surviving spouse's pension See note(2) |
| Beneficiary under age 45, not disabled, without dependent children | $571.48 |
| Beneficiary under age 45, not disabled, with dependent children | $911.55 |
| Beneficiary under age 45, disabled, with or without dependent children | $947.70 |
| Beneficiary between ages 45 and 64 | $947.70 |
| Beneficiary age 65 or over | $706.65 |
-
Note 1 Pensions calculated using the average of maximum pensionable earnings for the last 5 years. The amounts paid under the additional plan are included in the maximum amounts shown. However, payment of those pensions will begin at the end of 2021 only, and will be retroactive.
-
Note 2 Pension calculated with respect to contributors who were not receiving a retirement pension.
Basic information on the Québec Pension Plan in 2019
| Maximum Pensionable Earnings | $57 400 |
| Basic exemption | $3500 |
|
Contribution rate | |
| Base plan | 10.80% |
| Additional plan | 0.30% |
|
Maximum contribution for workers and employers | |
| Base plan (5.4%) | $2910.60 |
| Additional plan (0.15 %) | $80.85 |
|
Maximum contribution for self-employed workers | |
| Base plan (10.80%) | $5821.20 |
| Additional plan (0.30%) | $161.70 |
Indexation rate for benefits as
at 1 January 2019 | 2.3% |
Maximum amount for lump-sum
| Death benefit | $2500 |
Maximum monthly amounts
See note(1)
| Retirement pension |
|---|
| Age 65 (100% of the maximum pension) | $1154.58 |
| Age 60 (64% of the maximum pension) | $738.93 |
| Age 70 (142% of the maximum pension) | $1639.50 |
| Disability benefits |
|---|
| Disability pension | $1362.27 |
| Additional amount for disability for retirement pension beneficiaries | $496.33 |
| Pension for a disabled person's child | $79.46 |
| Survivors' benefits |
|---|
| Orphan's pension | $250.27 |
| Surviving spouse's pension
See note(2) |
| Beneficiary under age 45, not disabled, without dependent children | $562.22 |
| Beneficiary under age 45, not disabled, with dependent children | $895.95 |
| Beneficiary under age 45, disabled, with or without dependent children | $931.43 |
| Beneficiary between ages 45 and 64 | $931.43 |
| Beneficiary age 65 or over | $696.15 |
-
Note 1 Pensions calculated using the average of maximum pensionable earnings for the last 5 years.
-
Note 2 Pension calculated with respect to contributors who were not receiving a retirement pension.
Québec Pension Plan Figures - Archives
Basic information on the Québec Pension Plan in 2018
| Maximum Pensionable Earnings | $55 900 |
| Basic exemption | $3500 |
| Contribution rate | 10.80% |
| Maximum contribution for workers (5.4%) and employers (5.4%) | $2829.60 |
| Maximum contribution for self-employed workers (10.80%) | $5659.20 |
Indexation rate for benefits as
at 1 January 2018 | 1.5% |
Maximum amount for lump-sum
| Death benefit | $2500 |
Maximum monthly amounts See note(1)
| Retirement pension |
|---|
| Age 65 (100% of the maximum pension) | $1134.17 |
| Age 60 (64% of the maximum pension) | $725.87 |
| Age 70 (142% of the maximum pension) | $1610.52 |
| Disability benefits |
|---|
| Disability pension | $1335.80 |
| Additional amount for disability for retirement pension beneficiaries | $485.17 |
| Pension for a disabled person's child | $77.67 |
| Survivors' benefits |
|---|
| Orphan's pension | $244.64 |
| Surviving spouse's pension See note(2) |
| Beneficiary under age 45, not disabled, without dependent children | $549.57 |
| Beneficiary under age 45, not disabled, with dependent children | $875.80 |
| Beneficiary under age 45, disabled, with or without dependent children | $910.48 |
| Beneficiary between ages 45 and 64 | $910.48 |
| Beneficiary age 65 or over | $680.50 |
-
Note 1 Pensions calculated using the average of maximum pensionable earnings for the last 5 years.
-
Note 2 Pension calculated with respect to contributors who were not receiving a retirement pension.
Basic information on the Québec Pension Plan in 2017
| Maximum Pensionable Earnings | 55 300 $ |
| Basic exemption | 3 500 $ |
| Contribution rate | 10,80% |
| Maximum contribution for workers (5,4%) and employers (5,4%) | 2 797,20 $ |
| Maximum contribution for self-employed workers (10,80%) | 5 594,40 $ |
Indexation rate for benefits as
at 1 January 2017 | 1,4% |
Maximum amount for lump-sum
| Death benefit | 2 500 $ |
Maximum monthly amounts See note(1)
| Retirement pension |
|---|
| Age 65 (100% of the maximum pension) | 1 114,17 $ |
| Age 60 (64% of the maximum pension) | 713,07 $ |
| Age 70 (142% of the maximum pension) | 1 582,12 $ |
| Disability benefits |
|---|
| Disability pension | 1 313,63 $ |
| Additional amount for disability for retirement pension beneficiaries | 478,00 $ |
| Pension for a disabled person's child | 76,52 $ |
| Survivors' benefits |
|---|
| Orphan's pension | 241,02 $ |
| Surviving spouse's pension See note(2) |
| Beneficiary under age 45, not disabled, without dependent children | 540,23 $ |
| Beneficiary under age 45, not disabled, with dependent children | 861,64 $ |
| Beneficiary under age 45, disabled, with or without dependent children | 895,81 $ |
| Beneficiary between ages 45 and 64 | 895,81 $ |
| Beneficiary age 65 or over | 668,50 $ |
-
Note 1 Pensions calculated using the average of maximum pensionable earnings for the last 5 years.
-
Note 2 Pension calculated with respect to contributors who were not receiving a retirement pension.
Basic information on the Québec Pension Plan in 2016
| Maximum Pensionable Earnings | 54 900 $ |
| Basic exemption | 3 500 $ |
| Contribution rate | 10,65% |
| Maximum contribution for workers (5,325%) and employers (5,325%) | 2 737,05 $ |
| Maximum contribution for self-employed workers (10,65%) | 5 474,10 $ |
Indexation rate for benefits as
at 1 January 2016 | 1,2% |
Maximum amount for lump-sum
| Death benefit | 2 500 $ |
Maximum monthly amounts See note(1)
| Retirement pension |
|---|
| Age 65 (100% of the maximum pension) | 1 092,50 $ |
| Age 60 (64% of the maximum pension) | 699,20 $ |
| Age 70 (142% of the maximum pension) | 1 551,35 $ |
| Disability benefits |
|---|
| Disability pension | 1 290,78 $ |
| Additional amount for disability for retirement pension beneficiaries | 471,40 $ |
| Pension for a disabled person's child | 75,46 $ |
| Survivors' benefits |
|---|
| Orphan's pension | 237,69 $ |
| Surviving spouse's pension See note(2) |
| Beneficiary under age 45, not disabled, without dependent children | 530,42 $ |
| Beneficiary under age 45, not disabled, with dependent children | 847,39 $ |
| Beneficiary under age 45, disabled, with or without dependent children | 881,09 $ |
| Beneficiary between ages 45 and 64 | 881,09 $ |
| Beneficiary age 65 or over | 655,50 $ |
-
Note 1 Pensions calculated using the average of maximum pensionable earnings for the last 5 years.
-
Note 2 Pension calculated with respect to contributors who were not receiving a retirement pension.
Basic information on the Québec Pension Plan in 2015
| Maximum Pensionable Earnings | 53 600 $ |
| Basic exemption | 3 500 $ |
| Contribution rate | 10,50% |
| Maximum contribution for workers (5,25%) and employers (5,25%) | 2 630,25 $ |
| Maximum contribution for self-employed workers (10,50%) | 5 260,50 $ |
Indexation rate for benefits as
at 1 January 2015 | 1,8% |
Maximum amount for lump-sum
| Death benefit | 2 500 $ |
Maximum monthly amounts See note(1)
| Retirement pension |
|---|
| Age 65 (100% of the maximum pension) | 1 065 $ |
| Age 60 (66,4% of the maximum pension) | 707,16 $ |
| Age 70 (142% of the maximum pension) | 1 512,30 $ |
| Disability benefits |
|---|
| Disability pension | 1 264,56 $ |
| Additional amount for disability for retirement pension beneficiaries | 465,81 $ |
| Pension for a disabled person's child | 74,57 $ |
| Survivors' benefits |
|---|
| Orphan's pension | 234,87 $ |
| Surviving spouse's pension See note(2) |
| Beneficiary under age 45, not disabled, without dependent children | 518,68 $ |
| Beneficiary under age 45, not disabled, with dependent children | 831,89 $ |
| Beneficiary under age 45, disabled, with or without dependent children | 865,19 $ |
| Beneficiary between ages 45 and 64 | 865,19 $ |
| Beneficiary age 65 or over | 639 $ |
-
Note 1 Pensions calculated using the average of maximum pensionable earnings for the last 5 years.
-
Note 2 Pension calculated with respect to contributors who were not receiving a retirement pension.
Basic information on the Québec Pension Plan in 2014
| Maximum Pensionable Earnings | 52 500 $ |
| Basic exemption | 3 500 $ |
| Contribution rate | 10,35% |
| Maximum contribution for workers (5,175%) and employers (5,175%) | 2 535,75 $ |
| Maximum contribution for self-employed workers (10,35%) | 5 071,50 $ |
Indexation rate for benefits as
at 1 January 2014 | 0,9% |
Maximum amount for lump-sum
| Death benefit | 2 500 $ |
Maximum monthly amounts See note(1)
| Retirement pension |
|---|
| Age 65 (100% of the maximum pension) | 1 038,33 $ |
| Age 60 for individuals born in 1954 (68,2% of the maximum pension) | 708,14 $ |
| Age 60 for individuals born in december 1953 (70% of the maximum pension) | 726,83 $ |
| Age 70 (142% of the maximum pension) | 1 474,43 $ |
| Disability benefits |
|---|
| Disability pension | 1 236,32 $ |
| Additional amount for disability for retirement pension beneficiaries | 457,57 $ |
| Pension for a disabled person's child | 73,25 $ |
| Survivors' benefits |
|---|
| Orphan's pension | 230,72 $ |
| Surviving spouse's pension See note(2) |
| Beneficiary under age 45, not disabled, without dependent children | 506,56 $ |
| Beneficiary under age 45, not disabled, with dependent children | 814,23 $ |
| Beneficiary under age 45, disabled, with or without dependent children | 846,94 $ |
| Beneficiary between ages 45 and 64 | 846,94 $ |
| Beneficiary age 65 or over | 623,00 $ |
-
Note 1 Pensions calculated using the average of maximum pensionable earnings for the last 5 years.
-
Note 2 Pension calculated with respect to contributors who were not receiving a retirement pension.
Basic information 2013 |
|---|
| Maximum Pensionable Earnings | 51 100 $ |
| Basic exemption | 3 500 $ |
| Contribution rate | 10,20% |
| Maximum contribution for workers (5,10%) and employers (5,10%) | 2 427,60 $ |
| Maximum contribution for self-employed workers (10,20%) | 4 855,20 $ |
Indexation rate for benefits as
at 1 January 2013 | 1,8% |
| Amount for the death benefit | 2 500 $ |
Maximum amounts for pensions beginning in 20131
| Retirement pension - age 65 | 1 012,50 $ |
| Retirement pension - age 60 (70%) | 708,75 $ |
| Retirement pension - age 70 (142%) | 1 437,75 $ |
| Disability pension | 1 212,87 $ |
| Additional amount for disability for retirement pension beneficiaries | 453,49 $ |
| Pension for a disabled person's child | 72,60 $ |
| Orphan's pension | 228,66 $ |
| Surviving spouse's pension2 - beneficiary under age 45 not disabled, without dependent children | 495,83 $ |
| Surviving spouse's pension2 - beneficiary under age 45 not disabled, with dependent children | 800,76 $ |
| Surviving spouse's pension2 - beneficiary under age 45 disabled, with or without dependent children | 833,18 $ |
| Surviving spouse's pension2 - between ages 45 and 64 |
833,18 $ |
| Surviving spouse's pension2 - age 65 or over | 607,50 $ |
| 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 2013 and who were not receiving a retirement pension. |
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 | 2,8 % |
| Amount for the death benefit | 2500 $ |
Maximum amounts for pensions beginning in 20123 |
|---|
| Retirement pension - age 65 | 986,67 $ |
| Retirement pension - age 60 (70%) | 690,67 $ |
| Retirement pension - age 70 (130%) | 1 282,67 $ |
| Disability pension | 1 185,47 $ |
| Orphan's pension and pension for a disabled person's child | 71,32 $ |
| Surviving spouse's pension4 - beneficiary under age 45 | |
| Surviving spouse's pension4 - beneficiary under age 45 not disabled, without dependent children | 484,09 $ |
| Surviving spouse's pension4 - beneficiary under age 45 not disabled, with dependent children | 783,62 $ |
| Surviving spouse's pension4 - beneficiary under age 45 disabled, with or without dependent children | 815,47 $ |
| Surviving spouse's pension4 - between ages 45 and 64 | 815,47 $ |
| Surviving spouse's pension4 - age 65 or over | 592,00 $ |
| |
|
3. Pensions calculated using the average of maximum pensionable earnings for the last 5 years. |
|
4. 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% |
| Amount for the death benefit | 2500$ |
Maximum amounts for pensions beginning in 20113 |
|---|
| Retirement pension - age 65 | 960,00 $ |
| Retirement pension - age 60 (70%) | 672,00 $ |
| Retirement pension - 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 pension4 - beneficiary under age 45 | |
| Surviving spouse's pension4 - beneficiary under age 45 not disabled, without dependent children | 470,98 $ |
| Surviving spouse's pension4 - beneficiary under age 45 not disabled, with dependent children | 762,35 $ |
| Surviving spouse's pension4 - beneficiary under age 45 disabled, with or without dependent children | 793,34 $ |
| Surviving spouse's pension4 - between ages 45 and 64 |
793,34 $ |
| Surviving spouse's pension4 - age 65 or over | 576,00 $ |
| |
|
3. Pensions calculated using the average of maximum pensionable earnings for the last 5 years. |
|
4. Pension calculated with respect to contributors who die in 2011 and who were not receiving a retirement pension. |
Basic information 2010
| Maximum Pensionable Earnings | 47 200 $ |
| Basic exemption | 3 500 $ |
| Contribution rate | 9,9 % |
| Maximum contribution for workers (4,95 %) and employers (4,95 %) | 2 163,15 $ |
| Maximum contribution for self-employed workers (9,9 %) | 4 326,30 $ |
Indexation rate for benefits as
at 1 January 2010 | 0,4 % |
Maximum amounts for pensions
beginning in 2010(1)
| |
|---|
| Retirement pension | |
| - age 65 | 934,17 $ |
| - age 60 (70%) | 653,92 $ |
| - age 70 (130%) | 1 214,42 $ |
| Disability pension | 1 126,73 $ |
| Orphan's pension and pension for a disabled person's child | 68,22 $ |
| Surviving spouse's pension(2) | |
| - beneficiary under age 45 | |
| without dependent children, not disabled | 459,43 $ |
| with dependent children, not disabled | 745,93 $ |
| disabled, with or without dependent children | 776,41 $ |
| - between ages 45 and 64 |
776,41 $ |
| - age 65 or over | 560,50 $ |
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 2010 and who were not receiving a retirement pension. |
Basic information 2009
| Maximum Pensionable Earnings | 46 300 $ |
| Basic exemption | 3 500 $ |
| Contribution rate | 9,9 % |
| Maximum contribution for workers (4,95 %) and employers (4,95 %) | 2 118,60 $ |
| Maximum contribution for self-employed workers (9,9 %) | 4 237,20 $ |
Indexation rate for benefits as
at 1 January 2009 | 2,5 % |
| |
Maximum amounts for pensions
beginning in 2009(1)
|
|---|
| Retirement pension | |
| - age 65 | 908,75 $ |
| - age 60 (70%) | 636,13 $ |
| - age 70 (130%) | 1 181,38 $ |
| Disability pension | 1 105,96 $ |
| Orphan's pension and pension for a disabled person's child | 67,95 $ |
| Surviving spouse's pension(2) | |
| - beneficiary under age 45 | |
- without dependent children, not
disabled | 449,47 $ |
- with dependent children, not
disabled | 734,82 $ |
- disabled, with or without dependent
children | 765,18 $ |
| - between ages 45 and 64 |
765,18 $ |
| - age 65 or over | 545,25 $ |
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 2009 and who were not receiving a retirement pension. |
Basic information 2008
| Maximum Pensionable Earnings | 44 900 $ |
| Basic exemption | 3 500 $ |
| Contribution rate | 9,9 % |
| Maximum contribution for workers (4,95 %) and employers (4,95 %) | 2 049,30 $ |
| Maximum contribution for self-employed workers (9,9 %) | 4 098,60 $ |
Indexation rate for benefits as
at 1 January 2007 | 2,0 % |
| |
Maximum amounts for pensions
beginning in 2007(1)
| |
|---|
| Retirement pension | |
| - age 65 | 884,58 $ |
| - age 60 (70%) | 619,21 $ |
| - age 70 (130%) | 1 149,95 $ |
| Disability pension | 1 077,49 $ |
| Orphan's pension and pension for a disabled person's child | 66,29 $ |
| Surviving spouse's pension(2) | |
| - beneficiary under age 45 | |
- without dependent children, not
disabled | 437,76 $ |
- with dependent children, not
disabled | 716,15 $ |
- disabled, with or without dependent
children | 745,77 $ |
| - between ages 45 and 64 | 745,77 $ |
| - age 65 or over | 530,75 $ |
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 2008 and who were not receiving a retirement pension. |
Basic information 2007
| Maximum Pensionable Earnings | 43 700 $ |
| Basic exemption | 3 500 $ |
| Contribution rate | 9,9 % |
| Maximum contribution for workers (4,95 %) and employers (4,95 %) | 1 989,90 $ |
| Maximum contribution for self-employed workers (9,9 %) | 3 979,80 $ |
Indexation rate for benefits as
at 1 January 2007 | 2,1 % |
| |
Maximum amounts for pensions
beginning in 2007(1)
| |
|---|
| Retirement pension | |
| - age 65 | 863,75 $ |
| - age 60 (70%) | 604,63 $ |
| - age 70 (130%) | 1 122,88 $ |
| Disability pension | 1 053,74 $ |
| Orphan's pension and pension for a disabled person's child | 64,99 $ |
| Surviving spouse's pension(2) | |
| - beneficiary under age 45 | |
- without dependent children, not
disabled | 427,87 $ |
- with dependent children, not
disabled | 700,80 $ |
- disabled, with or without dependent
children | 729,84 $ |
| - between ages 45 and 64 | 729,84 $ |
| - age 65 or over | 518,25 $ |
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 2007 and who were not receiving a retirement pension. |
Basic information 2006
| Maximum Pensionable Earnings | 42 100 $ |
| Basic exemption | 3 500 $ |
| Contribution rate | 9,9 % |
| Maximum contribution for workers (4,95 %) and employers (4,95 %) | 1 910,70 $ |
| Maximum contribution for self-employed workers (9,9 %) | 3 821,40 $ |
Indexation rate for benefits as
at 1 January 2006 | 2,3 % |
Maximum amounts for pensions
beginning in 2006(1)
| |
|---|
| Retirement pension | |
| - age 65 | 844,58 $ |
| - age 60 (70%) | 591,21 $ |
| - age 70 (130%) | 1 097,95 $ |
| Disability pension | 1 031,02 $ |
| Orphan's pension and pension for a disabled person's child | 63,65 $ |
| Surviving spouse's pension(2) | |
| - beneficiary under age 45 | |
- without dependent children, not
disabled | 418,54 $ |
- with dependent children, not
disabled | 685,86 $ |
- disabled, with or without dependent
children | 714,30 $ |
| - between ages 45 and 54 | 714,30 $ |
| - between ages 55 and 64 | 716,31 $ |
| - age 65 or over | 506,75 $ |
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 2006 and who were not receiving a retirement pension. |
Basic information 2005
| Maximum Pensionable Earnings | 41 100 $ |
| Basic exemption | 3 500 $ |
| Contribution rate | 9,9 % |
| Maximum contribution for workers (4,95 %) and employers (4,95 %) | 1 861,20 $ |
| Maximum contribution for self-employed workers (9,9 %) | 3 722,40 $ |
Indexation rate for benefits as
at 1 January 2005 | 1,7 % |
Maximum amounts for pensions
beginning in 2005(1)
| |
|---|
| Retirement pension | |
| - age 65 | 828,75 $ |
| - age 60 (70%) | 580,13 $ |
| - age 70 (130%) | 1 077,38 $ |
| Disability pension | 1 010,20 $ |
| Orphan's pension and pension for a disabled person's child | 62,22 $ |
| Surviving spouse's pension(2) | |
| - beneficiary under age 45 | |
- without dependent children, not
disabled | 410,31 $ |
- with dependent children, not
disabled | 671,62 $ |
- disabled, with or without
dependent children | 699,42 $ |
| - between ages 45 and 54 | 699,42 $ |
| - between ages 55 and 64 | 710,37 $ |
| - age 65 or over | 497,25 $ |
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 2005 and who were not receiving a retirement pension. |
Information 2004
Basic information | |
|---|
| Maximum Pensionable Earnings | 40 500 $ |
| Basic exemption | 3 500 $ |
| Contribution rate | 9,9 % |
| Maximum contribution for workers (4,95 %) and employers (4,95 %) | 1 831,50 $ |
| Maximum contribution for self-employed workers (9,9 %) | 3 663,00 $ |
Indexation rate for benefits as
at 1 January 2004 | 3,2 % |
Maximum amounts for pensions
beginning in 2004
(1)
| |
|---|
| Retirement pension | |
| - age 65 | 814,17 $ |
| - age 60 (70%) | 569,92 $ |
| - age 70 (130%) | 1 058,42 $ |
| Disability pension | 992,77 $ |
| Orphan's pension and pension for a disabled person's child | 61,18 $ |
| Surviving spouse's pension
(2) | |
| - beneficiary under age 45 | |
- without dependent children, not
disabled | 403,18 $ |
- with dependent children, not
disabled | 660,12 $ |
- disabled, with or without
dependent children | 687,45 $ |
| - between ages 45 and 54 | 687,45 $ |
| - between ages 55 and 64 | 704,90 $ |
| - age 65 or over | 488,50 $ |
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 2004 and who were not receiving a retirement pension.
|
Information 2003
Basic information | |
|---|
| Maximum Pensionable Earnings | 39 900 $ |
| Basic exemption | 3 500 $ |
| Contribution rate | 9,9 % |
| Maximum contribution for workers and employers (4,95 %) | 1 801,80 $ |
| Maximum contribution for self-employed workers (9,9 %) | 3 603,60 $ |
Indexation rate for benefits as
at 1 January 2003 | 1,6 % |
Maximum amounts for pensions
beginning in 2003
(1) | |
|---|
| Retirement pension | |
| - age 65 | 801,25 $ |
| - age 60 (70%) | 560,88 $ |
| - age 70 (130%) | 1 041,63 $ |
| Disability pension | 971,23 $ |
| Orphan's pension and pension for a disabled person's child | 59,28 $ |
| Surviving spouse's pension
(2) | |
| - beneficiary under age 45 | |
- without dependent children, not
disabled | 395,31 $ |
- with dependent children, not
disabled | 644,28 $ |
- disabled, with or without
dependent children | 670,76 $ |
| - between ages 45 and 54 | 670,76 $ |
| - between ages 55 and 64 | 700,06 $ |
| - age 65 or over | 480,75 $ |
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 2003 and who were not receiving a retirement pension. |
Information 2002
Basic information | |
|---|
| Maximum Pensionable Earnings | 39 100 $ |
| Basic exemption | 3 500 $ |
| Contribution rate | 9,4 % |
| Maximum contribution for workers and employers (4,7 %) | 1 673,20 $ |
| Maximum contribution for self-employed workers (9,4 %) | 3 346,40 $ |
Indexation rate for benefits as
at 1 January 2002 | 3,0 % |
Maximum amounts for pensions
beginning in 2002
(1) | |
|---|
| Retirement pension | |
| - age 65 | 788,75 $ |
| - age 60 (70%) | 552,13 $ |
| - age 70 (130%) | 1 025,38 $ |
| Disability pension | 956,02 $ |
| Orphan's pension and pension for a disabled person's child | 58,35 $ |
| Surviving spouse's pension
(2) | |
| - beneficiary under age 45 | |
- without dependent children, not
disabled | 389,13 $ |
- with dependent children, not
disabled | 634,18 $ |
- disabled, with or without
dependent children | 660,24 $ |
| - between ages 45 and 54 | 660,24 $ |
| - between ages 55 and 64 | 695,37 $ |
| - age 65 or over | 473,25 $ |
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 2002 and who were not receiving a retirement pension. |
Information 2001
Maximum Pensionable Earnings | |
|---|
| Maximum Pensionable Earnings | 38 300 $ |
| Basic exemption | 3 500 $ |
| Contribution rate | 8,6 % |
| Maximum contribution for workers and employers (4,3 %) | 1 496,40 $ |
| Maximum contribution for self-employed workers (8,6 %) | 2 992,80 $ |
Indexation rate for benefits as
at 1 January 2001 | 2,5 % |
Maximum amounts for pensions
beginning in 2001
(1)
| |
|---|
| Retirement pension | |
| - age 65 | 775,00 $ |
| - age 60 | 542,50 $ |
| Disability pension | 956,02 $ |
| Orphan's pension and pension for a disabled person's child | 56,65 $ |
| Surviving spouse's pension
(2) | |
| - beneficiary under age 45 | |
- without dependent children, not
disabled | 381,26 $ |
- with dependent children, not
disabled | 619,17 $ |
- disabled, with or without
dependent children | 644,47 $ |
| - between ages 45 and 54 | 644,47 $ |
| - between ages 55 and 64 | 690,22 $ |
| - age 65 or over | 465,00 $ |
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 2001 and who were not receiving a retirement pension. |