The Québec parental insurance plan (QPIP) maximums, threshold and rates for 2020 are as follows:

• The maximum insurable earnings have been increased from $76,500 to $78,500.
• The qualifying threshold remains $2,000.
• The employee premium rate has been decreased from 0.526% to 0.494%.
• The employer premium rate has been decreased from 0.736% to 0.692%.
• The maximum employee premium has been decreased from $402.39 to $387.79.
• The maximum employer premium has been decreased from $563.04 per employee to $543.22.
• The premium rate for self-employed persons and persons responsible for a family-type resource or an intermediate resource has been decreased from 0.934% to 0.878%.
• The maximum premium for a self-employed person or a person responsible for a family-type resource or an intermediate resource has been decreased from $714.51 to $689.23.