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Note
• Québec’s Parental Insurance Plan (QPIP) provides benefits to eligible Québec workers
who take maternity, paternity, parental or adoption leave from their employment. The plan
replaces maternity, parental and adoption benefits provided under the federal Employment
Insurance (EI) program, and premiums are mandatory for all employers, employees and
self-employed individuals in the province. Required withholdings under the QPIP has been
accompanied by a reduction in EI premiums for residents of Québec.
Employment Withholdings—Québec
Québec Pension Plan
2012
2013
Maximum annual pensionable earnings
$ 50,100
$ 51,100
Basic exemption
$ 3,500
$ 3,500
Maximum contributory earnings
$ 46,600
$ 47,600
Employer and employee contribution rate
5.03%
5.10%
Maximum annual employer and
employee contributions
$ 2,342
$ 2,428
Maximum annual self-employed contributions
$ 4,683
$ 4,855
Québec Parental Insurance Plan
2012
2013
Maximum annual insurable earnings
$ 66,000
$ 67,500
Employee’s contribution rate
0.56%
0.56%
Maximum annual employee contributions
$ 369
$ 377
Employer’s contribution rate
0.78%
0.78%
Maximum annual employer contributions
$ 516
$ 528
Self-employed contribution rate
0.99%
0.99%
Maximum annual self-employed contributions
$ 655
$ 670
Employment Insurance
2012
2013
Maximum annual insurable earnings
$ 45,900
$ 47,400
Employee’s premium rate
1.47%
1.52%
Maximum annual employee premiums
$ 675
$ 720
Employer’s premium rate
2.06%
2.13%
Maximum annual employer premiums
$ 945
$ 1,009
© 2013 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms
affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
Current as of September 30, 2013