Limits and Rates Related to the QPP for 2017

The limits and rates related to the Québec Pension Plan (QPP) for 2017 are as follows:

• The maximum pensionable earnings have been increased from $54,900 to $55,300.
• The basic exemption is $3,500.
• The maximum contributory earnings have been increased from $51,400 to $51,800.
• The contribution rate has been increased from 5.325% to 5.4% for both employers and employees.
• The maximum employee contribution has been increased from $2,737.05 to $2,797.20.
• The maximum employer contribution has been increased from $2,737.05 to $2,797.20 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 10.65% to 10.8%.
• 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 $5,474.10 to $5,594.40.