Calculation of work income kept on
`retirement in 2025`

To obtain additional information on this tool, please visit the Work income retained at retirement in 2025 page.

Your family status

For you

For your spouse

Your age

Gross work income Gross work income Be sure to add to your gross work income the incentive pay received from your employer.

Gross retirement income (RPP and RRSP) Gross retirement income (RPP and RRSP) Retirement income must be included in private retirement income such, for example, as benefits from a registered pension plan (RPP), a private pension plan, e.g., RREGOP or a registered retirement savings plan (RRSP). Retirement income cannot be split For individuals aged 65 years or over, the calculator estimates and includes the amount of the Old Age Security pension and the Guaranteed Income Supplement in the socio-fiscal transfers.

Income from the Québec Pension Plan (QPP) Income from the Québec Pension Plan (QPP) Enter only the amount paid as a retirement pension by the Québec Pension Plan (QPP). The calculator does not take into account the disability pension, the surviving spouse’s pension or the QPP death benefit.

Do you stop contributing to the QPP? QPP contribution Since January 1, 2024, you have been able to stop contributing to the Québec Pension Plan (QPP) if you are already receiving your pension and are 65 years of age or over.

The work income that you `retain in 2025`

On gross work income of $:

$ will be added to your disposable income;
your work income retention rate will reach %.

Calculation of the work income retained

Your gross
work
income

Minus
government withholding

Plus
employment incentives

Work
income retained

Employment incentives
Tax credit for career extension
Deduction for workers
Canada employment amount
Work premium
Amount retained if you stop contributing to the QPP
Canada Workers Benefit
Exemption from the Guaranteed Income Supplement for work income
TOTAL

Your disposable income with and without work `income in 2025`

The following links will open a new window to another website.

Without
work income

With
work income

Difference

Gross income

Gross work income

Gross retirement income (RPP, RRSP and QPP)

Net withholding and government clawback Net withholding and government clawback The net withholding and government clawback include the amount of provincial and federal taxes before the employment incentive measures, required contributions such as those paid to the Québec Pension Plan (QPP), and the impact on benefits such as those under the Old Age Security Program.

Taxes

Federal personal income tax This link opens a new window. Federal personal income tax Excluding the Canada employment amount.

Québec personal income tax This link opens a new window. Québec personal income tax Excluding the tax credit for career extension and the deduction for workers.

Total taxes

Required contributions

Québec Parental Insurance Plan

Québec Pension Plan This link opens a new window. Québec Pension Plan If you are already receiving your retirement pension from the Québec Pension Plan (QPP), your contributions to the Plan will increase the pension paid the following year. In fact, the pension that will be paid to you in 2025 will be increased by an amount equal to 0.66% of the work income contributed during the year 2024. If you have chosen to stop making contributions, you will not have to pay this amount. See employment incentives for more information.

Health Services Fund

Québec Prescription Drug Insurance Plan

Employment insurance

Total contributions

Clawback of socio-fiscal transfers

Social assistance

Old Age Security Program

Guaranteed Income Supplement (GIS) This link opens a new window. Guaranteed Income Supplement (GIS) The amounts presented exclude the portion of benefits linked to the exemption on work income for the GIS.

Solidarity tax credit

Senior assistance amount

Shelter allowance program

GST tax credit

Total clawback of socio-fiscal transfers

Employment incentives Employment incentives Measures intended to protect from taxation certain work income either through a deduction or a tax credit. The objective of these measures is to enhance incentives to work while recognizing certain employment-related expenses.

Tax credit for career extension

Deduction for workers

Canada employment amount

Work premium

Amount retained if you stop contributing to the QPP This link opens a new window. Amount retained if you stop contributing to the QPP: You will retain this amount because you have chosen to stop contributing to the QPP. This amount reflects the QPP contribution you would have had to pay, but also the impact of this decision on the following fiscal measures: the federal tax credit for base contributions to the QPP; the Québec deduction for contributions to the additional plan of the QPP; the federal deduction for contributions to the additional plan of the QPP.

Canada Workers Benefit

Exemption from the GIS for work income

Disposable income

Retention rate of work income Retention rate of work income The retention rate of work income represents the net proportion that a taxpayer will keep of his gross work income. It is calculated by dividing the increase in disposable income following entry into the labour force by the work income.

When you start a new job, be sure to complete the tax withholding forms provided by your employer so that the tax withheld reflects your situation. In addition, form TP-1015.3-V will allow you to take advantage of the tax assistance offered by the tax credit for career extension during the year through an adjustment of the tax deductions from your salary. If you do not complete this form, this assistance will be paid after your tax return is filed.

The calculator was updated on February 14, 2025.

Calculation of work income kept onretirement in 2025

The work income that you retain in 2025

Your disposable income with and without work income in 2025

Tax withholding declaration forms

Calculation of work income kept on
`retirement in 2025`

The work income that you `retain in 2025`

Your disposable income with and without work `income in 2025`