Quebec residents can expect payments from Revenu Quebec as several benefits and credits are up for grabs this spring season.
Considering the cost of living has reached new heights across Canada, it's no surprise that many Canadians, particularly low-income Canadians, are looking for ways to supplement inflation. Luckily, the Quebec government (and Canada Revenue Agency) offers a slew of benefits for Quebecers in need.
It's important to verify your eligibility for government benefits and credits as you could be entitled to hundreds of dollars this spring. A few benefits to look into include the Quebec Pension Plan, the Family Allowance Measure and the Canada Child Benefit, to name a few.
Here's everything you need to know about which benefits and credits are being paid out this season, how much you can receive and when to expect payment.
Quebec Pension Plan
The Québec Pension Plan is a mandatory public insurance program for those 18 and older earning over $3,500 annually. It offers basic financial protection for retirement, disability, and death. It is comprised of a base plan and an additional plan, both funded by contributions from employers and employees.
The base plan provides pensions and benefits for retirement, disability, and death, while the additional plan enhances these benefits, especially for retirement and disability. Residents can refer to this table to determine exactly how much they could receive monthly.
Payment Date: May 31, 2024
Public-sector pension plan (RREGOP, PPMP)
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 cheque will be issued no later than 48 hours before that date.
Payment Dates: May 15 and June 14, 2024
Canada Child Benefit
The Canada Child Benefit offers tax-free monthly support to families raising children under 18, per the CRA. Eligibility criteria include residency in Canada for tax purposes and being primarily responsible for the child's care.
The benefit amount varies based on factors like the child's age and the family's adjusted family net income (AFNI). Families with AFNI under $34,863 can receive the maximum amount per child, which is $7,437 per year ($619.75 per month) for children under 6 years old and $6,275 per year ($522.91 per month) for children aged 6 to 17.
Payment Dates: May 17 and June 20, 2024
Family Allowance
The Family Allowance payment offers financial support to families with dependent children under 18 living with them, with automatic enrollment for births in Québec. However, in various other scenarios such as adoption, immigration, or custody changes, individuals may need to apply.
The payment amount varies based on factors like the number of dependent children, custody arrangements, total family income, and family structure. While payments are often sent out quarterly, Quebec residents do have the option to receive monthly payments instead.
Payment Dates: May 1 and June 3, 2024.
Old Age Security
The Old Age Security (OAS) pension, available to individuals aged 65 and older, can be automatically enrolled by Service Canada if sufficient information is available, with notification provided upon enrollment. If you haven't received notification by the month following your 64th birthday, you may need to apply for the pension yourself.
Eligibility is not based on employment history; individuals can qualify regardless of work status. Residence requirements vary depending on whether you're living in or outside of Canada, with citizenship or legal residency and residency duration being key factors.
Eligible Canadians who are 65 to 74 years old can receive up to $713.34, while those aged 75 and over can receive $784.67.
Payment Date: May 29, 2024
This article's cover image was used for illustrative purposes only.
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