QPIP 2016

Nov. 13, 2015
QPIP 2016

As of January 1, 2016, premium rates for the Québec Parental Insurance Plan (QPIP) will decrease by 2%. The rate will be 0.548% of insurable earnings for salaried workers, 0.767% for employers and 0.973% for self-employed workers. This announcement was welcomed by SMEs since they assume 60% of plan costs.