Quebec considering QPP reforms

Discussion paper outlines potential for enhancement
By Sheila Brawn
|Canadian Payroll Reporter|Last Updated: 02/01/2017
The Quebec legislature will soon rule on potential changes to the Quebec Pension Plan (QPP). (pavels/Shutterstock)

Employers with Quebec payrolls could soon learn whether the provincial government will make changes to the Quebec Pension Plan (QPP).

In December, Quebec Finance Minister Carlos Leitão released a discussion paper outlining possible options for enhancing the plan’s retirement benefits. In January, a National Assembly finance committee held consultations on the issue.

The discussion paper, called Strengthening the Plan to Promote Greater Intergenerational Fairness, asked for public input on whether the Quebec government should adopt changes that the federal government is making to the Canada Pension Plan (CPP), implement its own QPP proposals or leave the plan as is.