R-9, r. 2 - Regulation respecting contributions to the Québec Pension Plan

Section 8.1 Disposition versions

2024-01-01

8.1. The employer must deduct from the salary and wages described in the fourth paragraph of section 50 of the Act, referred to in this section as “subject salary and wages”, paid by the employer to an employee at a particular time in a year that is subsequent to the year 2023, either of the following amounts as the employee’s second additional contribution:

(a)  the product obtained by multiplying the amount determined under the second paragraph by 4%; or

(b)  the amount established in Schedule C drawn up by the Minister of Revenue under section 59 of the Act that applies in the circumstances.

The amount to which subparagraph a of the first paragraph refers is equal to the amount by which the aggregate of the subject salary and wages paid by the employer to the employee at that particular time and the total of all amounts each of which is a subject salary and wages paid by the employer to the employee in the year and before the particular time exceeds the greater of

(a)  the total of all amounts each of which is a subject salary and wages paid by the employer to the employee in the year and before the particular time; and

(b)  the employee’s maximum pensionable earnings for the year determined as provided in section 41 of the Act.

O.C. 1726-2023, s. 4.