8 tips for managing and maximizing your wealth
How can you optimize your family’s finances, build and manage your wealth and prepare for the future? Our experts share 8 tips.
04 November 2020
Parental Leave: How Does It Work?
23 September 2019
by
Did you know that a person who adopts the child of his or her spouse is also entitled to parental leave? That parental leave can be added to maternity or paternity leave? That parental leave, without pay, can last up to 52 weeks? And that during this period, eligible employees may receive benefits under the Quebec Parental Insurance Plan (QPIP).
Duration and extension
Parental leave may begin as of the week of newborn’s birth, or when a parent leaves work to pick up a child adopted outside of Quebec.
Parental leave must end no later than 70 weeks after the birth of a newborn, or the arrival of an adopted child. The law provides for certain conditions that can extend parental leave up to 104 weeks.
All leave must be taken continuously, unless otherwise consented to by the employer.
In the event that a newborn or adopted child experiences health problems, an employee may request that their parental leave be divided into several blocks.
Income during parental leave
Eligible parents can also receive benefits under the Quebec Parental Insurance Plan (QPIP) during parental leave. However, benefits may cover only part of the 52 weeks of eligible leave.
Employment protection and acquired
During leave, an employee retains their right to resume his or her position upon return. If desired, an employee can also continue contributing to employer benefit programs, which an employer will also continue contributing too, as they would in normal circumstances.
However, parental leave weeks are not included in calculation of annual vacation eligibility, as is the case for maternity and paternity leave.
For more information on parental leave
Maternity, Paternity and Parental Leave
Legal disclaimer
Any reproduction, in whole or in part, is strictly prohibited without the prior written consent of National Bank of Canada.
The articles and information on this website are protected by the copyright laws in effect in Canada or other countries, as applicable. The copyrights on the articles and information belong to the National Bank of Canada or other persons. Any reproduction, redistribution, electronic communication, including indirectly via a hyperlink, in whole or in part, of these articles and information and any other use thereof that is not explicitly authorized is prohibited without the prior written consent of the copyright owner.
The contents of this website must not be interpreted, considered or used as if it were financial, legal, fiscal, or other advice. National Bank and its partners in contents will not be liable for any damages that you may incur from such use.
This article is provided by National Bank, its subsidiaries and group entities for information purposes only, and creates no legal or contractual obligation for National Bank, its subsidiaries and group entities. The details of this service offering and the conditions herein are subject to change.
The hyperlinks in this article may redirect to external websites not administered by National Bank. The Bank cannot be held liable for the content of external websites or any damages caused by their use.
Views expressed in this article are those of the person being interviewed. They do not necessarily reflect the opinions of National Bank or its subsidiaries. For financial or business advice, please consult your National Bank advisor, financial planner or an industry professional (e.g., accountant, tax specialist or lawyer).
Tags :
Related articles
-
-
Caregivers: How to Get Tax Credit & Financial SupportParental leave is available to every parent of a newborn or newly adopted child in the Province of Quebec.03 November 2020 -
Emergency fund: 5 questions to help you deal with the unexpectedDiscover what a personal emergency fund is and find out how to build one to ensure your peace of mind.28 September 2020