Parental insurance plan premiums for employees and employers remain the same
Quebec Pension Plan (QPP) rate
Revenu Québec has released the QPP rates and maximums for 2007. They are:
Quebec Parental Insurance Plan (QPIP) rates
The Quebec Parental Insurance Plan (QPIP) premium rate for employees remains at 0.416% for 2007. The employer rate remains at 0.583% for 2007. The maximum insurable earnings will increase from $57,000 to $59,000 for 2007. As a result, the maximum employee contribution for next year will be $245.44, while the maximum employer contribution will be $343.97.
CNT levy maximum to rise
Effective January 1, 2007, the maximum amount subject to the levy for financing the Commission des normes du travail will increase from $57,000 to $59,000.
Revenu Québec has released the QPP rates and maximums for 2007. They are:
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Quebec Parental Insurance Plan (QPIP) rates
The Quebec Parental Insurance Plan (QPIP) premium rate for employees remains at 0.416% for 2007. The employer rate remains at 0.583% for 2007. The maximum insurable earnings will increase from $57,000 to $59,000 for 2007. As a result, the maximum employee contribution for next year will be $245.44, while the maximum employer contribution will be $343.97.
CNT levy maximum to rise
Effective January 1, 2007, the maximum amount subject to the levy for financing the Commission des normes du travail will increase from $57,000 to $59,000.