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Canada: Quebec pension plan contribution limits for 2020

Canada: Quebec pension plan contribution limits

Revenue Quebec published the Quebec pension plan (QPP) contribution limits for the upcoming year.

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Similar to the Canada pension plan (CPP), the maximum pensionable earnings under the QPP for 2020 will increase to $58,700* (from $57,400).

The employee and employer contribution rates for 2020 will increase to 5.70% (up from 5.55%) and the self-employed contribution rate will increase to 11.4% (from 11.1%).

Read a December 2019 report prepared by the KPMG member firm in Canada


*$=Canadian dollar

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