Our clients, the depositors
We manage the funds of 48 depositors, primarily pension and insurance funds in Québec’s public and parapublic sectors, who represent over six million people.
We seize the best investment opportunities for them, targeting optimal performance of their funds, based on their specific yield objectives, risk tolerance and investment horizons.
Three types of depositors
Pension funds
Québec Pension Plan and the pension plans of hundreds of thousands of public and parapublic sector employees
Insurance plans
Insurance plans such as the Société de l’assurance automobile du Québec which has a fund to provide indemnities to victims of road accidents and to promote road safety
Other organizations
Other organizations, such as the Office de la protection du consommateur and the Ministère des Finances du Québec
Our depositors
Net Assets by Type
Our main depositors
The nine largest depositor funds represented 96.4% of CDPQ’s net assets as at December 31, 2024.
Québec Pension Plan Fund – base plan
- Net assets: $125.9 billion
- 4.3 million contributors
- 2.2 million beneficiaries
- $18.1 billion in benefits paid annually
- Administered by Retraite Québec
Québec Pension Plan Fund – additional plan
- Net assets: $15.7 billion
Retirement Plans Sinking Fund
- Net assets: $123.2 billion
- Fund used by the Government of Québec to capitalize the employer’s portion of retirement benefits of employees in the public and parapublic sectors
Generations Fund
- Net assets: $18.7 billion
- Fund used to repay Québec’s debt
- Administered by the Ministère des Finances du Québec
Government and Public Employees Retirement Plan
- Net assets: $91.4 billion
- 635,000 contributors
- 341,000 retirees
- 24,000 surviving spouses or orphans
- $7.8 billion in benefits paid annually
Supplemental Pension Plan for Employees of the Québec Construction Industry
- Net assets: $33.6 billion
- 203,000 contributors
- 104,000 retirees or surviving spouses
- $1.0 billion in benefits paid annually
Fonds de la santé et de la sécurité du travail
- Net assets: $21.3 billion
- 234,000 contributing employers
- 4.2 million workers covered
- $2.8 billion in benefits paid annually
- Administered by the Commission des normes, de l’équité, de la santé et de la santé du travail
Fonds d’assurance automobile du Québec
- Net assets: $13.7 billion
- 8.9 million people covered
- Around $1.3 billion paid to insured individuals for accidents or other related claims
- Administered by the Société de l’assurance automobile du Québec
Pension Plan of Management Personnel
- Net assets: $13.0 billion
- 35,000 contributors
- 36,000 retirees
- 3,000 surviving spouses or orphans
- $1.8 billion in benefits paid annually
Our other clients
We also manage the funds of several other public and parapublic organizations. For the complete list of all our clients, see our Annual Report.