Your retirement pension under the Québec Pension Plan
The retirement pension paid under the Québec Pension Plan is part of the basic income that you can receive as early as age 60 if you contributed to the Plan. Note that...
- At 65, the Old Age Security Pension paid by the federal government is added to the retirement pension.
- The retirement pension and the Old Age Security Pension may be completed by other sources of income. For example, supplemental pension plans, commonly called "pension funds", and registered retirement savings plans (RRSPs).
Your retirement pension is calculated on the basis of the employment earnings on which you paid contributions to the Plan, and its amount varies according to your age.
Statement of Participation in the Québec Pension Plan
To find out more about the amounts you and your family could receive at retirement or in the event of death or disability, consult your Statement of Participation.
What does your Statement of Participation contain?
- The earnings on which you made contributions to the Québec Pension Plan and the Canada Pension Plan.
- An estimate of the amount of the disability pension under the Québec Pension Plan to which you could be entitled if you were deemed to be disabled.
- The amount to which you will be entitled at age 60 — or on the date of the Statement — and at age 65 on the basis of the earnings recorded.
- The amount to which you will be entitled at age 60 — or on the date of the Statement — and at age 65 if you continue to contribute on earnings similar to those already recorded.
- An estimate of the amount of the surviving spouse's pension under the Québec Pension Plan and the other benefits to which your family would be entitled if you were to die.
Take this opportunity to make sure that all the employment earnings on which you contributed to the Québec Pension Plan are in fact recorded under your name.