Good news for Quebec employees: since January 1, 2026, the base contribution to the Quebec Pension Plan (QPP) has dropped. The combined rate goes from 10.8% to 10.6%, meaning 5.30% for the employee and 5.30% for the employer (instead of 5.40% each in 2025). You contribute less, without any change to benefits.
Read the numbers carefully, though: the base rate drops, but the supplement contributed since 2019 stays in place — and that is what increases your future pension. On a $60,000 salary, your annual QPP deduction goes from about $3,616 (old rate: 5.40% + 1.00%) to about $3,560 in 2026 (5.30% + 1.00%) — roughly $56 less per year. The maximum pensionable earnings (MPE) rise to $74,600 in 2026, and the additional maximum (YAMPE) to $85,000.
On the pension side, the 2026 maximums were also indexed: $1,507.65 per month at 65, $964.90 at 60, and $2,394.15 if you wait until 72. Reminder: these maximums apply to complete, well-paid careers — your own pension depends on your earnings. To know where you stand, check your statement of participation in your Retraite Québec account, and simulate different start ages with the free SimulR tool.
