Code 55: Employee PPIP Premium Calculator
Code 55: Employee PPIP Premium Calculator *** HTML Version : Link Smartphone Version : Link Affiliate: Link *** Relevant Background: "As a worker, you are required to pay QPIP premiums. If you are an employee, your employer meets this requirement for you by withholding the premiums from your salary or wages. We collect the premiums that your employer has withheld from your salary or wages and remit them to the MTESS....For 2020, the maximum insurable income increased from $76,500 to $78,500. The employee premium rate decreased from 0.526% to 0.494%. Consequently, the maximum employee premium decreased from $402.39 to $387.79........For 2021, the maximum insurable income will increase from $78,500 to $83,500. The employee premium rate will remain 0.494%. The employer premium rate will remain 0.692%. Consequently, the maximum employee premium increased from $387.79 to $412.49..." (" Employee Premium Under Quebec Parental Insurance Plan ", https://www.revenuquebec.ca/...