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Contributions

Age bracket McGill contributes
% of basic earnings
You contribute
% of basic earnings

QUÉBEC PENSION PLAN - QPP (2024)

age 39 or less

5.0% 5.0%

MUPP rates that apply on earnings > $73,200 after QPP stops for the year.

age 40 to 49

7.5% 7.0%

age 50 to 65

10.0% 8.0%

age 39 or less

3.2%

3.2%

MUPP rates that apply for earnings between the basic exemption ($3500) and

<=$73,200 when you and the University contribute to the QPP.

age 40 to 49

5.7% 5.2%

age 50 to 65

8.2% 6.2%

Tenure Stream Clinical

plus 0.8% plus 0.5%

Learn more about how this works by watching a short .

Defined Contribution


Age bracket
McGill contributes
% of basic earnings
less cost sharing
You contribute
% of basic earnings
plus cost sharing
QUÉBEC PENSION PLAN - QPP (2024)

age 39 or less

5.0% 5.0% MUPP rates that apply on earnings > $73,200 after QPP stops for the year.

age 40 to 49

7.5% 7.0%

age 50 to 65

10.0% 8.0%

age 39 or less

3.2% 3.2%

MUPP rates that apply for earnings between the basic exemption ($3500) and

<=$73,200 when you and the University contribute to the QPP.

age 40 to 49

5.7% 5.2%

age 50 to 65

8.2% 6.2%
Tenure Stream Clinical plus 0.8% plus 0.5%
Cost-Sharing less 1.4% plus 1.4%
Defined Benefit
McGill assumes cost of going-concern plus degree of solvency N/A

Learn more about how this works by watching a short

Members of the 㽶Ƶ Pension Plan (“Plan”) who are over age 65 who continue to be employed by the University may elect make AVCs to the Plan and receive an immediate tax relief at source. It is important to note that the University does not match AVCs. For more information, please refer to the PDF icon Additional Voluntary Contribution - Information Sheet
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