Revenue Quebec: Limits and Rates Related to the QPP for 2016

The limits and rates related to the Québec Pension Plan (QPP) for 2016 are as follows:

• The maximum pensionable earnings have been increased from $53,600 to $54,900.
• The basic exemption is $3,500.
• The maximum contributory earnings have been increased from $50,100 to $51,400.
• The contribution rate has been increased from 5.25% to 5.325% for both employers and employees.
• The maximum employee contribution has been increased from $2,630.25 to $2,737.05.
• The maximum employer contribution has been increased from $2,630.25 to $2,737.05 per employee.
• The contribution rate for self-employed persons and persons responsible for a family-type resource or an intermediate resource has been increased from 10.50% to 10.65%.
• The maximum contribution for a self-employed person and a person responsible for a family-type resource or an intermediate resource has been increased from $5,260.50 to $5,474.10.

Source: Revenue Quebec website