For your information
The Québec Pension Plan is the equivalent of the Canada Pension Plan in all other provinces and the benefits are virtually the same. Both are contributory plans and the benefits are based on the number of years and the amount of contributions. These plans have nothing to do with the Old Age Security Pension Plan. The maximum retirement (CPP or QPP) pension is paid at 65 and can be taken as early as 60 but reduced by 6% per year (0.5% per month).
For more information:
Government of Québec http://www.retraitequebec.gouv.qc.ca/en/Pages/accueil.aspx
Government of Canada https://www.canada.ca/en/services/benefits/publicpensions.html
Québec Pension Plan In 2017, generally, your pension will be paid the last working day of each month.
| 31 January 2017 | 31 July 2017 |
| 28 February 2017 | 31 August 2017 |
| 31 March 2017 | 29 September 2017 |
| 28 April 2017 | 31 October 2017 |
| 31 May 2017 | 30 November 2017 |
| 29 June 2017 | 28 December 2017 |
| Basic information on the Québec Pension Plan in 2016 | |
| Maximum Pensionable Earnings | 54 900 $ |
| Basic exemption | 3 500 $ |
| Contribution rate | 10,65% |
| Maximum contribution for workers (5,325%) and employers (5,325%) | 2 737,05 $ |
| Maximum contribution for self-employed workers (10,65%) | 5 474,10 $ |
| Indexation rate for benefits as at 1 January 2016 |
1,2% |
| Maximum amount for lump-sum | |
| Death benefit | 2 500 $ |
| Maximum monthly amounts See note(1) | |
| Retirement pension | |
| Age 65 (100% of the maximum pension) | 1 092,50 $ |
| Age 60 (64% of the maximum pension) | 699,20 $ |
| Age 70 (142% of the maximum pension) | 1 551,35 $ |
| Disability benefits | |
| Disability pension | 1 290,78 $ |
| Additional amount for disability for retirement pension beneficiaries | 471,40 $ |
| Pension for a disabled person’s child | 75,46 $ |
| Survivors’ benefits | |
| Orphan’s pension | 237,69 $ |
| Surviving spouse’s pension See note(2) | |
| Beneficiary under age 45, not disabled, without dependent children | 530,42 $ |
| Beneficiary under age 45, not disabled, with dependent children | 847,39 $ |
| Beneficiary under age 45, disabled, with or without dependent children | 881,09 $ |
| Beneficiary between ages 45 and 64 | 881,09 $ |
| Beneficiary age 65 or over | 655,50 $ |
- Note 1 Pensions calculated using the average of maximum pensionable earnings for the last 5 years.
- Note 2 Pension calculated with respect to contributors who were not receiving a retirement pension.
Government Income-Security Program
Old Age Security and Canada Pension Plan payments are automatically deposited into bank accounts in Canada and the United States on the following dates for the year 2017:
| 27 January 2017 | 27 July 2017 |
| 24 February 2017 | 29 Aug 2017 |
| 29 March 2017 | 27 September 2017 |
| 26 April 2017 | 27 October 2017 |
| 29 May 2017 | 28 November 2017 |
| 28 June 2017 | 20 December 2017 |
Public pensions
Information on the Canada Pension Plan, Old Age Security pension and related benefits, the Canadian retirement income calculator and retirement planning.
When clicking on the blue title it will direct you to government of Canada.
Topics
Canada Pension Plan retirement pension
Includes eligibility criteria, deciding when to take your pension, how to apply online and amounts.
Canada Pension Plan disability benefits
Information on a taxable benefit you may be eligible for if you are unable to work because of a disability.
Information on a pension you can receive if you are 65 years of age or older and have lived in Canada for at least 10 years – even if you have never worked.
Information on a benefit you may be eligible to collect if you are an Old Age Security recipient with low income.
Allowance for people aged 60 to 64
Learn about this benefit available to the spouses or common-law partners of Guaranteed Income Supplement recipients.
Benefits for Canadians living abroad
Includes information on Employment Insurance (EI), pensions, benefits and taxes, for those who work or live outside of Canada.
Information to help you plan for retirement, including where your retirement income may come from, and what benefits you may be eligible for when you retire.
Find out how to receive a benefit if you are a low-income widow and are not yet eligible for Old Age Security.
Includes information on eligibility criteria, how to apply and amounts.
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