The retirement pension under the Québec Pension Plan

The normal age to receive a retirement pension under the Québec Pension Plan (QPP) is 65. At that age, you will receive 100% of the expected amounts each month. If you apply for your pension after age 65, you will receive a higher pension for life. However, if you apply for it between ages 60 and 65, you will receive a lower pension for life.

Your retirement pension is calculated based on the age at which you apply for it. It also depends on the employment earnings on which you contributed under the Québec Pension Plan.

For your retirement, you must take into account other sources of income, such as:

• the Old Age Security program;
• the workplace pension plan (if that is your case);
• your personal savings.

Statement of Participation under the Québec Pension Plan

Your Statement of Participation is a valuable tool that allows you to plan financially your retirement. It is available at all times in My Account. You will find the employment earnings entered in your file, which are used for the calculation of your contributions to the QPP. It also provides an estimate of the benefits that you and your family could receive once you retire, you die, or in the event of a disability.

For more information

• Can you receive a retirement pension?
• At what age should you apply for your retirement pension?
• Factors to consider before applying for your retirement pension
• Calculation of your retirement pension
• How to apply for your retirement pension?
• Retirement pension supplement
• Phased retirement