Final answer:
Payments subject to QPIP include wages and bonuses, while non-QPIP related benefits include Pension insurance payouts from the Pension Benefit Guarantee Corporation, deposits secured by the FDIC, and Workman's compensation insurance benefits.
Step-by-step explanation:
The Quebec Parental Insurance Plan (QPIP) encompasses certain payments and benefits that are subject to contributions from employers, employees, and self-employed individuals. Payments that are subject to QPIP include the majority of monetary compensation received by an employee, such as wages and bonuses.
However, certain benefits do not fall under QPIP, such as payments from Pension insurance, which is covered by the Pension Benefit Guarantee Corporation. In the event of company bankruptcy, this corporation ensures some pension benefits are paid out.
Similarly, Deposit insurance requires banks to secure a portion of deposits through the Federal Deposit Insurance Corporation (FDIC), guaranteeing depositor's money up to $250,000 in case of bank failure.
Moreover, Workman's compensation insurance mandates employers to pay into funds typically managed at the state level to provide benefits for employees who incur injuries while on the job.