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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