Quebec residents can receive payments from these government benefits and credits this summer
You could be entitled to thousands of dollars.
The exterior of a Revenu Quebec building.
As summer rolls around, the Government of Canada and the Quebec provincial government will send out various benefits and credits over the course of the next few months.
With the rising cost of living, it's no surprise that Quebec residents are looking for ways to supplement inflation in Canada, whether it be saving up money, working more or looking to government programs for financial aid, especially low-income families.
It's important to verify which government benefits and credits you are entitled to as you could be eligible for thousands of dollars this summer (June 20 to September 22, 2024).
In addition to the Canada Pension Plan, Old Age Security and the Veteran Disability Plan, Quebec residents also qualify for three additional programs specific to the province of Quebec, including the Quebec Pension Plan, public-sector pensions including the RREGOP and PPMP, as well the Quebec Family Allowance measure.
Here is everything you need to know about the benefits and credits being paid out this summer, how much to expect and when the payments go out.
Quebec Pension Plan (QPP)
The Quebec Pension Plan is a compulsory public insurance plan that is sent out to workers aged 18 and over whose yearly income is greater than $3,500, per Retraite Quebec.
The QPP provides persons who have worked in Quebec and their families with basic financial protection in the event of retirement, death or disability. The QPP's base plan is funded by contributions made by individuals who work in Quebec and their employers.
The QPP is sent out monthly and offers payments based on residents' ages. Residents who are 60 years old can receive up to $873.34. For those aged 65, you can receive a maximum monthly payment of $1,364.60. For Quebecers aged 72 and up, you can receive a maximum amount of up to $2,166.98.
Payments Dates:
- June 28
- July 31
- August 30
Public-sector pension plan (RREGOP, PPMP)
The Government and Public Employees Retirement Plan (RREGOP), mandates contributions from regular and casual, full-time and part-time employees in the education, public service, and health and social services sectors until they accrue a maximum of 40 years of credited service or until December 30 of the year they turn 69.
The plan uses years of service for both pension calculation and eligibility, with full-time work throughout the year equating to a full year of credited service, and part-time work calculated proportionally.
In 2024, the contribution rate is 9.39%, with contributions required on pensionable salaries exceeding certain thresholds based on the maximum pensionable earnings (MPE) and adjusted for credited or harmonized service.
For those who collect a pension and opt for direct deposit, the public-sector retirement pension will be paid on the 15th of each month for the rest of your life, per Retraite Quebec. If the 15th falls on a weekend or statutory holiday, your pension will be paid on the preceding business day. If you opted for payment by cheque, the payment will be issued no later than 48 hours before that date.
Payment Dates:
- July 15
- August 15
- September 13
Family Allowance
According to Revenu Quebec, the Family Allowance payment provides financial aid to all eligible families with one or more dependent children under the age of 18 living with them.
In the case of birth in Quebec, parents do not need to apply for this benefit. The child is automatically signed up for the Family Allowance measure when the birth is declared to the Director de l'état civil.
In some cases, a person must apply for Family Allowance if the child is:
- a child is adopted;
- the individual is an immigrant or becomes a resident of Québec;
- a child arrives in or returns to Québec;
- the individual lives in Québec but a child was born outside Québec;
- the individual obtains custody of a child;
- the individual shares custody of a child;
- the individual retains custody of a child following a separation and he or she is not already receiving Family Allowance payments in his or her name;
- Retraite Québec requires an application to be filed.
The maximum amount a family can receive for each child is $2,923 with an additional $1,026 if you are a single-parent family. The minimum amount you can receive for each child is $1,163 with an additional $409 if you are a single-parent family.
Payment Date:
- July 2
For the full list and details of benefits and credits specific to Quebec residents, click here.