The additional plan

Effective 1 January 2019

The additional plan will allow:

  • the income replacement rate provided by the Québec Pension Plan (QPP) to increase;

    An increase in the contribution rate will result in a gradual increase from 25% to 33.33% in the rate at which income is replaced.

  • the maximum pensionable salary to increase;

    The salary on which an individual can make contributions will gradually increase until 2025, when it reaches 114% of the maximum pensionable earnings (MPE). The new ceiling will allow individuals who contribute to the additional plan to receive an increased retirement pension that is proportional to those contributions.

  • disability and surviving spouse's pensions of individuals who work and contribute to the additional plan to increase

    In order to enhance the QPP, from 2019 and 2023, the contribution rate will gradually increase for the portion of earnings between $ 3 500 (the basic exemption) and the maximum pensionable earnings (MPE), until the increase reaches 1% for both employers and employees. Since 2024, a contribution rate of 4 % have been added to the portion of earnings between the maximum pensionable earnings (MPE) and the new ceiling, which is $ 85 000 in 2026 , that is, 114% of the MPE, both for employers and employees.

Note that...

The employee and the employer each pay half the contribution to the Québec Pension Plan. Self‑employed workers pay the entire contribution.

Gradual increase in contributions

The table below shows the increase in contribution rates that all employers and employees must pay until 2025.

Contribution rate (employer or employee)
Annual earnings less than the MPE See Note 1Annual earnings higher than the MPE See Note 2
AnnéeBase planAdditional planTotalAdditional plan
20195.4%0.15%5.55%
20205.4%0.3%5.70%
20215.4%0.5%5.9%
20225.4%0.75%6.15%
20235.4%1.0%6.4%
20245.4%1.0%6.4% 4.0%
20255.4%1.0%6.4% 4.0%
20265.3%1.0%6.3%4.0%
  1. Contribution rate on pensionable salary between the basic exemption of $ 3 500 and the maximum pensionable earnings (MPE). Back to reference
  2. Contribution rate on pensionable salary between the maximum pensionable earnings (MPE) and the new pensionable earnings ceiling. The latter is $ 85 000 in 2026 , that is, 114% of the MPE. Back to reference

Contributions and retirement pensions related to the additional plan

Maximum annual contributions of a person whose income is equal to or higher than the salary indicated in 2026  dollars
YearSalaryBase plan See Note 1Additional plan – component 1 See Note 1Additional plan – component 2 See Note 2Total
2023$66 600$3407$6310$4038
2024$73 200$3510$650$188$4348
2025$81 200$3661$678$396$4735
2026$85 000$3768$711$416$4895
2027$85 000$3768$711$416$4895
2028$85 000$3768$711$416$4895
2029$85 000$3768$711$416$4895
2030$85 000$3768$711$416$4895
2045$85 000$3768$711$416$4895
2050$85 000$3768$711$416$4895
2065$85 000$3768$711$416$4895
  1. Salary lower than the MPE: Contribution rate on pensionable salary between the basic exemption of $ 3 500 and the maximum pensionable earnings (MPE). Back to reference
  2. Salary higher than the MPE: Contribution rate on pensionable salary between the maximum pensionable earnings (MPE) and the new pensionable earnings ceiling. The latter is $ 85 000 in  2026 , that is, 114% of the MPE. Back to reference
Maximum retirement pension that a person aged 65 receives each year if his or her income is equal to or higher than the salary indicated in 2026  dollars See Note 1
Year of birthYear of retirementSalaryBase plan See Note 2Additional plan – component 1 See Note 2Additional plan – component 2 See Note 3Total
19592024$73 200$16 015$3600$16 375
19602025$81 200$16 645$513$38$17 196
19612026$85 000$17 295$677$120$18 092
19622027$85 000$17 295$821$200$18 316
19632028$85 000$17 295$965$280$18 540
19642029$85 000$17 295$1109$361$18 765
19652030$85 000$17 295$1253$441$18 989
19802045$85 000$17 295$3414$1646$22 355
19852050$85 000$17 295$4135$2048$23 478
20002065$85 000$17 295$5763$3214$26 272
  1. The amounts apply only in the case of new pensions that begin being paid in January of the given year. Back to reference
  2. Salary lower than the MPE: Contribution rate on pensionable salary between the basic exemption of $ 3 500 and the maximum pensionable earnings (MPE). Back to reference
  3. Salary higher than the MPE: Contribution rate on pensionable salary between the maximum pensionable earnings (MPE) and the new pensionable earnings ceiling. The latter is $ 85 000 in 2026 , that is, 114% of the MPE. Back to reference

To better plan your retirement, try SimulR, our retirement income calculator.