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Note

• Quebec’s Parental Insurance Plan (QPIP) provides benefits to eligible Quebec 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 Quebec.

Employment Withholdings—Quebec

Quebec Pension Plan 

2013

2014

Maximum annual pensionable earnings

$ 51,100

$ 52,500

Basic exemption

$   3,500

$   3,500

Maximum contributory earnings

$ 47,600

$ 49,000

Employer and employee contribution rate

5.10%

5.175%

Maximum annual employer and  

employee contributions

$   2,428

$   2,536

Maximum annual self-employed contributions

$   4,855

$   5,072

Quebec Parental Insurance Plan 

2013

2014

Maximum annual insurable earnings

$ 67,500

$ 69,000

Employee’s contribution rate

0.559%

0.559%

Maximum annual employee contributions

$     377

$     386

Employer’s contribution rate

0.782%

0.782%

Maximum annual employer contributions

$     528

$     540

Self-employed contribution rate

0.993%

0.993%

Maximum annual self-employed contributions

$     670

$     685

Employment Insurance

2013

2014

Maximum annual insurable earnings

$ 47,400

$ 48,600

Employee’s premium rate

1.52%

1.53%

Maximum annual employee premiums

$     720

$     744

Employer’s premium rate 

2.13%

2.14%

Maximum annual employer premiums

$  1,009

$  1,041

© 2014 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 December 31, 2014