Tag Archives: QPP

Further QPP rule changes on employee transfers into Quebec

The Canada Pension Plan and its Quebec equivalent, the QPP, have always been broadly similar. For example, until recently contribution rates and maximum annual contributions have been the same under both plans. That changed in 2012, when the Quebec government … Continue reading

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How does moving in or out of Quebec affect CPP/QPP YTD maximums?

It used to be that CPP and QPP were seen, at least for source deduction purposes, as being identical. While that was never wholly true, in recent years the differences between these two have markedly increased. One of these differences … Continue reading

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Changing payroll frequency may impact CPP contributions

There is no greater change in payroll than a change in payroll frequency, so changes that affect how and when employees get paid must be handled with special care. Mid-year changes in payroll frequency can affect the amount of CPP … Continue reading

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Increased incentives for delaying CPP retirement pensions

The federal government, acting in concert with the provinces, has recently made a series of changes to incentives that seek to delay employees taking their CPP retirement pensions, until at least age 65. In part, these changes were brought on … Continue reading

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Recent Changes Increase the Differences Between CPP and QPP

The general perception is that, for most purposes, the Canada and Quebec Pension Plans are closely aligned. And, generally, this perception is an accurate reflection of reality. However, starting in 1997, the Quebec government amended the QPP, to accommodate employees … Continue reading

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