2025-2026 Budget: Amendments to the Québec Pension Plan

In his 2025-2026 Budget Speech, Québec's Minister of Finance, Mr. Éric Girard, announced that the government intends to amend the Québec Pension Plan (QPP) as of 1 January 2026. As a result, the calculation of the retirement pension of persons receiving a reduced income replacement indemnity from the Commission des normes, de l'équité, de la santé et de la sécurité du travail (CNESST) will change. The months during which a person received the indemnity will be excluded from the calculation of the retirement pension under the QPP if the payment of the indemnity lasts at least 24 months.

To implement this new measure, an amendment to the Act respecting the Québec Pension Plan is necessary.

Until then, the rules for the calculation of the pension under the QPP remain the same. Persons who are receiving or who have already received an income replacement indemnity from the CNESST do not have any steps to take.

Please note that we are unable to provide an estimate of the retirement pension amount that the affected persons will receive.