2025 key social security parameters

Our specialists prepared a reference guide with the key social security parameters for 2025. This quick and easy-to-use document is your reference for public pension plans and other retirement plans. Feel free to add the web page to your bookmarks!

The information is divided into three tabs, which can be accessed by clicking the icons in the upper right corner.

The first tab contains information on:

• The minimum hourly wage by province
• Taxable benefits (federal and Quebec) related to employer contributions to group benefits plans such as life insurance, accidental death and dismemberment, critical illness, medical and dental care, and disability insurance
• Employer contribution rates (as a percentage) to the Health Services Fund
• Parameters of the RAMQ’s Public Prescription Drug Insurance Plan
• The general contribution rate and maximum insurable earnings according to the Commission des normes de l’équité, de la santé et de la sécurité du travail (CNESST)

Under the second tab, you’ll find the parameters for Employment Insurance (EI) and the Quebec Parental Insurance Plan (QPIP):

• The maximum insurable income
• Weekly benefits (as a percentage) of insurable earnings
• Maximum annual contribution rates and amounts for employers and employees

You will also find additional information about the reduced employment insurance (EI) contribution rate that may apply for employers offering wage-loss replacement plans (WLRP).

Finally, check the third tab for everything you need to know about the Québec Pension Plan (QPP) and the Canada Pension Plan (CPP), including:

• The year’s maximum pensionable earnings (YMPE)
• The year’s additional maximum pensionable earnings (YAMPE)
• The year’s basic exemption (YBE)
• Contribution rates for employers and employees
• The maximum annual contribution
• Death benefits
• Monthly retirement and disability pensions

You’ll also find:

• The basic monthly Old Age Security benefits
• Registered Pension Plan (RPP) limits for defined contribution (DC) plans and defined benefit (DB) plans
• Maximum contributions for Registered Retirement Savings Plans (RRSPs) and Deferred Profit-Sharing Plans (DPSPs)
• The contribution limit for Tax-Free Savings Accounts (TFSAs)

A version of this document with information pertaining to Ontario is also available! It contains three tabs. The first section outlines:

• The minimum hourly wage by province
• The contribution rate to the Ontario Employer Health Tax (EHT)
• Taxable benefits related to employer contributions for group benefits plans, such as life insurance, accidental death and dismemberment, critical illness, medical and dental care, as well as disability insurance
• The average premium rate and maximum insurable earnings according to the Workplace Safety and Insurance Board of Ontario (WSIB)

The second tab provides information related to Employment Insurance (EI) while the third tab features information on the Québec Pension Plan (QPP) and Canada Pension Plan (CPP) in the same format as in the Quebec document mentioned above.

Any questions? Contact your Normandin Beaudry consultant or email us.