What's New in 2022

Pensions under the Québec Pension Plan will increase by 6.5% in 2023

Every year, the pensions under the Québec Pension Plan are indexed based on the average Consumer Price Index (CPI) calculated by Statistics Canada, as provided for by law.

In January 2023:

  • based on the cost of living, your pensions will increase by 6.5%;
  • the maximum pensionable earnings (MPE) will increase from $64 900 to $66 600.

Thanks to the annual indexation, retirement pensions, surviving spouses' pensions, disability pensions, pensions for a disabled contributor's child and orphans' pensions are protected against the inflation risk. As a reminder, a person must have contributed sufficiently to the Plan to be eligible for benefits or to grant eligibility for benefits to his or her family.

18 November 2022
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