Maximum Pensionable Salary or Wages and the Québec Pension Plan Contribution Rate
The maximum pensionable salary or wages and the Québec Pension Plan (QPP) contribution rate for 2016 are given below. The amounts for 2015 are provided for information purposes.
|Maximum pensionable earnings (pensionable salary or wages)||$54,900||$53,600|
|Maximum contributory earnings||$51,400||$50,100|
|Maximum employee contribution||$2,737.05||$2,630.25|
|Maximum employer contribution (per employee)||$2,737.05||$2,630.25|
Your employer QPP contribution for an employee is equal to the QPP contribution you must withhold from the employee's pensionable salary or wages.