Talk:Québec Pension Plan
I'm done with this article for now. Ready for main space?--Quebec 05:10, 15 December 2016 (MST)
- Looks good with one exception. The term "YMPE for a large number of years" seems ambiguous. Is there a formula or some definition? I've tagged Clarify template. --Peculiar Investor 06:35, 15 December 2016 (MST)
- It's 39 years based on the CPP formula (see How to calculate your CPP retirement pension), i.e. 47 years between the ages of 18 and 65, minus 8 low-income years that are dropped from the calculation. I'm sure it's the same for QPP but I have to find a QPP-specific reference for this. The govt websites are not clear at all on how to do the calculation, they just want you to order your statement of participation and accept their numbers.--Quebec 16:25, 15 December 2016 (MST)
- The QPP is a bit different, you can only drop 15% of your worse months, which means that for retirement at age 65 you take into account 40 years of pensionable income, or lack thereof. The CPP allows 17% of months to be dropped, hence 39 years are counted. I've made the change, with a QPP-specific reference to back this up.--Quebec 04:17, 17 December 2016 (MST)
- It's 39 years based on the CPP formula (see How to calculate your CPP retirement pension), i.e. 47 years between the ages of 18 and 65, minus 8 low-income years that are dropped from the calculation. I'm sure it's the same for QPP but I have to find a QPP-specific reference for this. The govt websites are not clear at all on how to do the calculation, they just want you to order your statement of participation and accept their numbers.--Quebec 16:25, 15 December 2016 (MST)
Rollback reason
I rolled back LadyGeek's change to add a second sidebar because the navigation box with the same links is already used for this article. --Peculiar Investor 14:13, 31 December 2016 (MST)
Proposed changes for 2024
It is important to note that the proposed changes may be modified. I have replaced the text with a template to highlight this importance. Also note the cited reference does the same (at the bottom of the page). --LadyGeek 14:50, 4 December 2023 (UTC)