Maximum Pensionable Salary or Wages and Québec Pension Plan Contribution Rate
The total of the amounts you withhold during the year for an employee must not exceed the maximum employee contribution for the year. Once the maximum employee contribution is reached, you must stop withholding QPP contributions from the employee's remuneration. You must also stop paying the employer contribution on this remuneration because the maximum employer contribution for the year is also reached once the maximum employee contribution is reached.
The table below provides information related to Québec Pension Plan (QPP) contributions for the current year and previous years.
Year | Maximum pensionable earnings (salary or wages) [$] | Basic exemption ($) | Maximum contributory earnings ($) | Contribution rate (%) | Maximum contribution ($) | ||
---|---|---|---|---|---|---|---|
Employee | Employer | Employee | Employer | ||||
2021 | 61,600 | 3,500 | 58,100 | 5.901 | 5.901 | 3,427.90 | 3,427.90 |
2020 | 58,700 | 3,500 | 55,200 | 5.702 | 5.702 | 3,146.40 | 3,146.40 |
2019 | 57,400 | 3,500 | 53,900 | 5.553 | 5.553 | 2,991.45 | 2,991.45 |
2018 | 55,900 | 3,500 | 52,400 | 5.4 | 5.4 | 2,829.60 | 2,829.60 |
2017 | 55,300 | 3,500 | 51,800 | 5.4 | 5.4 | 2,797.20 | 2,797.20 |
2016 | 54,900 | 3,500 | 51,400 | 5.325 | 5.325 | 2,737.05 | 2,737.05 |
2015 | 53,600 | 3,500 | 50,100 | 5.25 | 5.25 | 2,630.25 | 2,630.25 |
2014 | 52,500 | 3,500 | 49,000 | 5.175 | 5.175 | 2,535.75 | 2,535.75 |
2013 | 51,100 | 3,500 | 47,600 | 5.1 | 5.1 | 2,427.60 | 2,427.60 |
2012 | 50,100 | 3,500 | 46,600 | 5.025 | 5.025 | 2,341.65 | 2,341.65 |
2011 | 48,300 | 3,500 | 44,800 | 4.95 | 4.95 | 2,217.60 | 2,217.60 |
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