The following people pay premiums into the Québec Parental Insurance Plan (QPIP):
Revenu Québec is in charge of collecting QPIP premiums. Premium rates for 2012 are as follows:
| 2012 | |
|---|---|
| Salaried workers | 0,559% |
| Employers | 0,782% |
| Self-employed workers | 0,993% |
The maximum insurable earnings considered when calculating benefits is $66,000 in 2012. This income is indexed on January 1 of each year at the rate set by the Commission de la santé et de la sécurité du travail (CSST).
Since January 1, 2006, under a Canada-Québec agreement, Québec employment insurance contributors receive a reduction in their employment insurance premiums, because Québec now has its own maternity, paternity, parental, and adoption benefit plan. The federal government determines the reduction rate. For 2012, the reduction rate is 0.36% of insurable earnings for wage earners. For employers, it is equivalent to 1.4 times the wage earners' rate of reduction. As for self-employed workers, those who choose to participate in the sickness and compassionate care measure of the Employment Insurance program receive a reduction of 0.36% of their insurable income.
A table
illustrates the impact of the coming into force of the QPIP on employers, wage earners and self-employed workers.
Last update: 2012-01-06
