2024 Rates and multiples - Quebec Parental Insurance Plan contributors

Annual and pro-rated rates of premium reduction for 2024

On January 1, 2006, the Quebec Parental Insurance Plan (QPIP) came into effect, replacing Employment Insurance (EI) in providing maternity, paternity, adoption and parental benefits to residents of Quebec. Employers and employees in Quebec contribute less in EI premiums to offset the premiums that they pay into QPIP.

This means that the rates of premium reductions for employers participating in the EI Premium Reduction Program with some or all employees in Quebec had to be recalculated based on their reduced EI contribution rate. To ensure that their savings would be the same as that for participants with employees elsewhere in Canada, the multiple used by employers with employees in Quebec is lower.

The rates and multiples indicated below are applicable to employers who deduct QPIP premiums from the salaries of all employees reported under the payroll account that has been assigned a reduced rate.

Corresponding employer multiples of the employee premium rate of 1.32%

Reduced rates for 2024 – QPIP

Category 1: Cumulative paid sick leave plans
Months Rate (percentage) Multiple
12 (annual) 0.2268 1.228
11 0.2079 1.243
10 0.1890 1.257
9 0.1701 1.271
8 0.1512 1.285
7 0.1323 1.300
6 0.1134 1.314
5 0.0945 1.328
4 0.0756 1.343
3 0.0567 1.357
2 0.0378 1.371
1 0.0189 1.386
Category 2: Enhanced paid sick leave plans
Months Rate (percentage) Multiple
12 (annual) 0.3743 1.116
11 0.3431 1.140
10 0.3119 1.164
9 0.2807 1.187
8 0.2495 1.211
7 0.2183 1.235
6 0.1872 1.258
5 0.1560 1.282
4 0.1248 1.305
3 0.0936 1.329
2 0.0624 1.353
1 0.0312 1.376
Category 3: Weekly indemnity plans
Months Rate (percentage) Multiple
12 (annual) 0.3706 1.119
11 0.3397 1.143
10 0.3088 1.166
9 0.2780 1.189
8 0.2471 1.213
7 0.2162 1.236
6 0.1853 1.260
5 0.1544 1.283
4 0.1235 1.306
3 0.0927 1.330
2 0.0618 1.353
1 0.0309 1.377
Category 4: Special weekly indemnity plans
Months Rate (percentage) Multiple
12 (annual) 0.4065 1.092
11 0.3726 1.118
10 0.3388 1.143
9 0.3049 1.169
8 0.2710 1.195
7 0.2371 1.220
6 0.2033 1.246
5 0.1694 1.272
4 0.1355 1.297
3 0.1016 1.323
2 0.0678 1.349
1 0.0339 1.374

Pro-rated rates of premium reduction are rarely used for category 4. Only employers in the public or para-public sectors of the province of Quebec are registered.

Annual and pro-rated rates of reduction and their corresponding multiples

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