2026 key social security parameters

Our specialists prepared a reference guide with the key social security parameters for 2026. 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!

Two versions of the reference guide are available, one for Quebec and one for Ontario. To help you navigate the information, you will find below a summary of the parameters common to both versions, along with the features specific to each.

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 provincial) 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
• The applicable contribution rate and the maximum insurable earnings as determined by the provincial workplace safety authority (CNESST in Quebec, WSIB in Ontario)

Under the second tab, you’ll find the parameters for Employment Insurance (EI):

• The maximum insurable earnings
• 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 Quebec 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 employees¹
• 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)

The Quebec version also provides the following additional parameters:

• Employer contribution rates to the Health Services Fund (first tab)
• Parameters of the RAMQ’s Public Prescription Drug Insurance Plan¹ (first tab)
• Parameters of the Quebec Parental Insurance Plan (QPIP) (second tab)

The Ontario version also provides the following additional parameters:

• The contribution rate to the Ontario Employer Health Tax (EHT) (first tab)

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¹ Starting in 2026, contribution rates for the QPIP and QPP will be reduced. The displayed parameters reflect this adjustment.

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