The Québec Pension Plan is a compulsory public insurance plan for workers aged 18 and over whose annual employment income is greater than $3500. Its purpose is to provide persons who work in Québec (or have worked in Québec) and their families with basic financial protection in the event of retirement, death or disability. In 2021, the contribution rate for the Québec Pension Plan is 10.80%. That rate is split equally between the employer and the employee, and applies to earnings between the $3500 general exemption and $61 600, which is the maximum amount on which employees can contribute in 2021.
Canada
$167
René Dufresne
René Dufresne
Asset allocation as of December 31, 2021. All information is as per the most recent annual report or other publicly available data via the fund's website
