Calculating Québec Parental Insurance Plan (QPIP) Premiums
To calculate employee and employer Québec parental insurance plan (QPIP) premiums, you can use:
- the WinRAS – Calculation of Source Deductions and Employer Contributions application;
- the Table for Québec Parental Insurance Plan Premiums (TP-1015.TA-V); or
- the Formulas to Calculate Source Deductions and Contributions (TP-1015.F-V).
For each pay period, you must withhold the employee's QPIP premium from the employee's gross eligible salary or wages, calculated before any other source deductions (union dues, contributions to a registered pension plan (RPP), etc.) are taken into account. If an employee begins or stops working during a normal pay period, calculate the employee's QPIP premium and your QPIP premium on the employee's eligible salary as if the employee had worked for the entire period.
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 has been 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 has also been reached once the maximum employee premium is reached.
If an employee reports for work at one of your establishments located in Québec and at one of your establishments located outside Québec, or if an employee is not required to report for work at any of your establishments (located in Québec or elsewhere) but receives pay from both one of your establishments located in Québec and one of your establishments located outside Québec, you may take into account the parental portion of the employer premium you paid (under the Employment Insurance plan or a plan like the QPIP) with respect to the employee's salary or wages paid by one of your establishments located outside Québec. You may have to pay the parental portion of the employer contribution under an employment insurance plan or another plan similar to the QPIP. See Employee Who Reports for Work at One of Your Establishments Located in Québec and at One of Your Establishments Located Outside Québec.