Maximum Insurable Earnings and the Québec Parental Insurance Plan (QPIP) Premium Rate
The total of the amounts you withhold during the year for an employee must not exceed the maximum employee premium for the year. Once the maximum employee premium is reached, you must stop withholding QPIP premiums from the employee's remuneration. You must also stop paying your employer premium on this remuneration because the maximum employer premium for the year is also reached once the maximum employee premium is reached.
| Year | Maximum insurable earnings ($) | Employee's premium rate (%) | Employer's premium rate (%) | Employee's maximum premium ($) | Employer's maximum premium ($) |
|---|---|---|---|---|---|
| 2023 | 91,000 | 0.494 | 0.692 | 449.54 | 629.72 |
| 2022 | 88,000 | 0.494 | 0.692 | 434.72 | 608.96 |
| 2021 | 83,500 | 0.494 | 0.692 | 412.49 | 577.82 |
| 2020 | 78,500 | 0.494 | 0.692 | 387.79 | 543.22 |
| 2019 | 76,500 | 0.526 | 0.736 | 402.39 | 563.04 |
| 2018 | 74,000 | 0.548 | 0.767 | 405.52 | 567.58 |
| 2017 | 72,500 | 0.548 | 0.767 | 397.30 | 556.08 |
| 2016 | 71,500 | 0.548 | 0.767 | 391.82 | 548.41 |
| 2015 | 70,000 | 0.559 | 0.782 | 391.30 | 547.40 |
| 2014 | 69,000 | 0.559 | 0.782 | 385.71 | 539.58 |
| 2013 | 67,500 | 0.559 | 0.782 | 377.33 | 527.85 |
| 2012 | 66,000 | 0.559 | 0.782 | 368.94 | 516.12 |
If an employee's employment income (including eligible salary or wages) for the year is less than $2,000, the employee is not required to pay QPIP premiums for that year. However, regardless of the $2,000 threshold, you must start withholding and paying QPIP premiums as soon as you pay the employee one dollar of eligible salary or wages.
For more information, see Employee With Work Income for the Year of Less Than $2,000.