2021 - Benefits amounts and key data
Pensions and benefits paid by Retraite Québec are indexed annually on 1 January.
Select a program to display a table showing the corresponding amounts.
The amount of the Family Allowance payments varies from one family to another. The calculation takes into account:
- the number of dependent children under age 18 who live with you
- the number of children in shared custody
- the family situation (single-parent or two-parent)
- the family income, that is, the combined income of both spouses, if applicable.
Maximum and minimum yearly amounts - 2021
Maximum amount |
2021 Amount |
---|
Each child | $2547 |
Single-parent family | +$893 |
Minimum amount |
2021 Amount |
Each child | $1013 |
Single-parent family | +$356 |
Yearly amount for the purchase of school supplies - 2021
Supplement for the Purchase of School Supplies | $105 |
Yearly amounts for a handicapped child - 2021
Supplement for Handicapped Children | $2400 |
Supplement for Handicapped Children with Exceptional Care | |
Tier 1 | $12 096 |
Tier 2 | $8 052 |
Basic information on the Québec Pension Plan in 2021
Maximum Pensionable Earnings | $61 600 |
Basic exemption | $3500 |
Contribution rate | |
Base plan | 10.80% |
Additional plan | 1.00% |
Maximum contribution for workers and employers | |
Base plan (5.4%) | $3137.40 |
Additional plan (0.5%) | $290.50 |
Maximum contribution for self-employed workers | |
Base plan (10.80%) | $6274.80 |
Additional plan (1.0%) | $581.00 |
Indexation rate for benefits as at 1 January 2021 | 1.0% |
Maximum amount for lump-sum
Death benefit | $2500 |
Maximum monthly amounts See
(note 1)
Retirement pension |
---|
Age 65 (100% of the maximum pension) | $1208.26 |
Age 60 (64% of the maximum pension) | $773.29 |
Age 70 (142% of the maximum pension) | $1715.73 |
Disability benefits |
---|
Disability pension | $1416.45 |
Additional amount for disability for retirement pension beneficiaries | $510.82 |
Pension for a disabled person's child | $81.78 |
Survivors' benefits |
---|
Orphan's pension | $257.58 |
Surviving spouse's pension See
(note 2) |
---|
Beneficiary under age 45. not disabled, without dependent children | $578.42 |
Beneficiary under age 45, not disabled, with dependent children | $921.89 |
Beneficiary under age 45, disabled, with or without dependent children | $958.40 |
Beneficiary between ages 45 and 64 | $958.40 |
Beneficiary age 65 or over | $714.78 |
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Note 1 Pensions are calculated by using the average maximum pensionable earnings for the last five years. The amounts paid under the additional plan are included in the maximum amounts shown. However, payment of those pensions will begin at the end of 2021 only, and will be retroactive.
-
Note 2 Pension calculated with respect to contributors who were not receiving a retirement pension.
Key data for 2021
Rate of increase of the Pension Index (This rate is used according to the indexation formula for each plan.) | 1.0% |
Maximum pensionable earnings (MPE) | $61 600 |
Basic exemption under the
QPP | $3500 |
Plan exemption (RREGOP,
PPCT) | $15 400See
(Note 1) |
Plan exemption (PPMP,
RPSO) | $21 560 |
Reduction factor (RREGOP,
PPCT) | 0.0184 |
Contribution rate: |
---|
RREGOP and
PPCT (USee
(Note 2)) | 10.33% |
PPCT (NUSee
(Note 3)) | 9.33% |
RPCHCN | N/A |
PPFEQ | 0% |
PPFEQ(NU) | 0% |
PPEMO | 6.15% |
PPCJBJ | N/A |
PPCJQ | 9% and 1% after 21.7 years |
PPMNA | 9% |
SPMSQ | 10.19% |
PPMP | 12.29% |
RPSO | 12.29% |
PPPOCS | 9.77% |
PPPOCS(QPSee
(Note 4)) | 10.77%See
(Note 5) |
Maximum pensionable salary: |
---|
RREGOP,
PPMP,
TPP,
CSSP,
PPCTSee
(Note 6),
PPFEQ,
RPCHCN | $183 838 |
PPCJBJ | $216 371 |
PPCJQ | $233 633 |
PPMNA | $185 461 |
SPMSQ,
PPEMO | $162 278 |
PPPOCS | $177 678 |
RPSO | $190 915 |
Interest rate (from 1 June 2020 to 31 May 2021) for the plan established based on rates of return: |
---|
RREGOP,
PPCT | 7.73% |
PPPOCS | 8.26% |
PPMP,
RPSO | 7.53% |
Interest rate (from 1 June 2020 to 31 May 2021) administrative established based on an external rate | 1.52% |
Maximum annual amount of a pension granting entitlement the payment of its actuarial value | $1775 |
RRSP contribution ceiling | $27 830 |
Maximum pension adjustment (PA) | $28 610 |
Maximum defined benefits | $3245.56 |
Buy-back ceiling for years prior to 1990 | $2163.70 |
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Note 1 No contributions are payable if the salary is $21 560 or less (35% of the
MPE).
-
Note 2 U : unionized.
-
Note 3 NU : non-unionized.
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Note 5 Person eligible for the
PPPOCS whose employment is covered by the
RREGOP or
PPMP.
-
Note 6 The member contribution must correspond to the lesser of: pensionable salary x 9%
OR
[pensionable salary – the lesser of (pensionable salary x 25%) OR (25% of the
MPE x harmonized service)] x rate of contribution. -
Note 7 The maximum pensionable salary for years subject to a rate of 1.6% is $229 798.
Select a subject below to view the corresponding data.
Key data for locked-in retirement accounts (LIRAs) and life income funds (LIFs), private, municipal and university pension plans and voluntary retirement savings plans (VRSPs) will change in 2021. Plan administrators should be aware of these changes.
Data for 2021
LIF reference rate for 2021 | 6% |
Maximum pensionable earnings (MPE)
See
Note 1 | $61 600 |
Maximum temporary income (40% of
MPE) | $24 640 |
Maximum monthly temporary income under age 54 | $2053.33 |
-
Note 1 Used to determine income or refunds.
Data for 2021
Maximum pensionable earnings (MPE)
See
Note 1 | $61 600 |
-
Note 1 Used to determine benefits or refunds.
-
Note 1 Used to determine refunds.
Obligation of employers
By 31 December 2021 | The employer must offer a
VRSP or another plan allowed under the
Voluntary Retirement Savings Plan Act if it has: - 5 or more eligible employees on 31 December 2020, and
- 10 or more eligible employees on 30 June 2021.
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