QPP (Quebec Pension Plan)

The RRQ (Quebec Pension Plan) is the mandatory public pension plan for Quebecers, the equivalent of the CPP (Quebec Pension Plan). Canada elsewhere in the country. With each salary, both the employer and the employee contribute; later, it pays into a retirement pension. The self-employed worker pays both parts.

Brief

Quebec Public Pension Plan (elsewhere in Canada , it's the CPP, the Pension Plan of the Canada )
Deducted from each salary: half by the employee, half by the employer
Rate in 2026: 6.30% of salary for each person (6.40% in 2025)
The self-employed individual pays both halves themselves, in their tax return.

Why does this matter?

Think of the Quebec Pension Plan (QPP) as a collective retirement savings plan: a small portion of each paycheck goes into it, and in retirement, you receive a monthly income for life. For an employer, miscalculating these amounts on payroll creates errors and penalties; for a self-employed individual, the bill for both contributions arrives all at once with their tax return and is often a surprise. Since 2024, a second tier (QPP 2) has increased contributions on higher salaries, up to approximately $85,000 in 2026. Bankeo connects you with a certified accountant/CPA free of charge to calculate the correct contributions, and we'll be there to support you every step of the way.

Frequently asked questions

What exactly is the RRQ?

This is Quebec's public pension plan. A portion of each salary is deducted during your working life, and in return, you receive a pension (a monthly income) once you retire. It also provides disability coverage and a death benefit to your family.

Does a self-employed worker contribute to the CNSA?

Yes. As he is both "boss" and "employee" of his own company, he pays both parts (employer's and employee's) on his net income, directly in his tax return.

How can I be sure I'm paying the correct amount?

Rates, ceilings, and the two tiers change almost every year, so it's easy to make a mistake. Bankeo connects you with a verified accountant/CPA free of charge who will calculate your contributions and payroll accurately, at no cost to you, and we'll be there to support you every step of the way.