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Pécule de sortie

Question

Hello,

Does anyone here know if your pécule de sortie is subject to taxation? Has anyone here ever received one? I'm completely unfamiliar with the concept.

Thanks.

Answer
anon Sep 2, 2015 11:55 Marked as helpful by the topicstarter

Yes, it's income just like any other income you would receive during the year. Note, it will be subject to the usual ONSS (social security) deduction and then taxed at whatever your highest marginal rate is, so typically you'll end up with about half of it net.

Answer
Susan Sep 2, 2015 14:48

Thank you!

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