58. An employee is required to pay for a year in respect of an employment, by deduction at source, a premium equal to the product obtained by multiplying the premium rate referred to in subparagraph 1 of the first paragraph of section 6 by the lesser of(1) the aggregate of the amounts each of which is the employee’s eligible wages for the year in respect of that employment, in relation to an establishment of the employer in Québec; and
(2) the maximum insurable earnings for the year.