R-9 - Act respecting the Québec Pension Plan

Section 53.2 Disposition versions

2024-01-01

53.2. For the year 2024 and each subsequent year, a self-employed worker, a family-type resource or an intermediate resource shall make a second additional contribution in addition to the base contribution and the first additional contribution.

The second additional contribution is equal to the product of the second additional contribution rate for the year and the lesser of

(a)  the amount by which the worker’s maximum pensionable earnings for the year is exceeded by the total of

i.  the aggregate, for the year, of the worker’s pensionable self-employed earnings and pensionable earnings as a family-type resource or an intermediate resource, and

ii.  the lesser of

(1)  the aggregate of all amounts each of which is the worker’s pensionable salary and wages for the year in respect of pensionable employment under this Act or a similar plan, and

(2)  the total of the worker’s personal exemption for the year, the worker’s salary and wages on which a first additional contribution has been made for the year under this Act or a similar plan and the worker’s salary and wages on which a second additional contribution has been made for the year under this Act or a similar plan;

(b)  the worker’s additional maximum contributory earnings for the year less his salary and wages on which a second additional contribution has been made for the year under this Act or a similar plan; and

(c)  the amount by which the aggregate, for the year, of the worker’s pensionable self-employed earnings and pensionable earnings as a family-type resource or an intermediate resource exceeds the amount determined in respect of the worker for the year under the third paragraph.

The amount to which subparagraph c of the second paragraph refers in respect of a self-employed worker, a family-type resource or an intermediate resource for the year is equal to the amount by which the worker’s salary and wages on which a second additional contribution has been made for the year under this Act or a similar plan exceeds the amount by which the aggregate of all amounts each of which is the worker’s pensionable salary and wages for the year in respect of pensionable employment under this Act or a similar plan exceeds the worker’s maximum pensionable earnings for the year.

2018, c. 2, s. 22; 2022, c. 3, s. 64.

2018-02-22

53.2. For the year 2024 and each subsequent year, a self-employed worker, a family-type resource or an intermediate resource shall make a second additional contribution in addition to the base contribution and the first additional contribution.

The second additional contribution is equal to the product of the second additional contribution rate for the year and the lesser of

(a)  the amount by which the total of the following amounts exceeds the total of the worker’s maximum pensionable earnings and the amount of his salary and wages on which a second additional contribution has been made for the year under this Act or a similar plan:

i.  the aggregate, for the year, of the worker’s pensionable self-employed earnings and pensionable earnings as a family-type resource or an intermediate resource,

ii.  the total of the amount of the worker’s salary and wages on which a first additional contribution has been made for the year under this Act or a similar plan and the amount of his salary and wages on which a second additional contribution has been made for the year under this Act or a similar plan, and

iii.  the lesser of the following amounts:

(1)  the total of the aggregate of all amounts each of which is an amount that an employer has deducted from the worker’s salary and wages as a basic exemption for the year and the aggregate of all amounts each of which is an amount that an employer has deducted from the worker’s salary and wages as a similar exemption for the year under a similar plan, and

(2)  the worker’s personal exemption for the year; and

(b)  the worker’s additional maximum contributory earnings for the year less his salary and wages on which a second additional contribution has been made for the year under this Act or a similar plan.

2018, c. 2, s. 22.