Published
Experienced Workers Staying on the Job
Unsure whether to retire or continue working? Need insight on the financial and other factors to consider? For help making an informed decision, join the online presentation (in French only) given by Revenu Québec, the Ministère de l'Emploi et de la Solidarité sociale (MESS) and Retraite Québec on July 10, 2024, from noon to 2 p.m.
How to take part
On July 10, click the Teams link a few minutes ahead of time to join the presentation: https://bit.ly/4b5PZZv.
Topics discussed
The MESS will discuss the first topic, Retraite Québec the second and Revenu Québec the third.
- Job search resources and services
- Incentives for experienced workers to stay employed or for retirees to rejoin the workforce
- Organizations and public services providing employment counselling
- Employment assistance officers
- Financial considerations under the Québec Pension Plan (QPP)
- Option to stop contributing to the QPP at 65
- Contributions stop after 72 if you're working
- New calculation to protect pension amount after 65
- Maximum age for applying for a pension extended to 72
- Effect of career extension on public sector pension plans
- Tax considerations for experienced workers
- Income (employment, Old Age Security pension)
- Deductions (deduction for workers, RRSP deduction)
- Tax credits and social programs (how a drop in income affects some credits)
- Contributions to government programs and Québec prescription drug insurance plan premiums
Good to know
The presentation is free.
While we won't be able to answer questions about a specific person's file, we will be able to provide general information.
Can't join us? Other dates will be added in the coming months. Follow us on social media!