Canada Revenue Agency
www.cra.gc.ca
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Frequently asked questions listed by topic
- Benefits - General
- Benefits - DB Plans
- Benefits - MP Plans
- Compensation
- Contributions
- Eligible service
- PA/PSPA/PAR
- Plan Administration
Benefits - General
- Acceptable use of the commuted value of a pension that exceeds the prescribed amount in Income Tax Regulations 8517
- Alberta and British Columbia's pre-retirement death benefit
- Annuities - Subsection 147.4(1) of the Income Tax Act and additional Premiums
- Application of the equal and periodic rule to pensions in pay
- Same-sex benefits
- Seamless pension plans
- Seamless pension plans
- Seamless pension plans
- Transfer of survivor benefits (Same sex partners)
Benefits - DB Plans
- Actuarial increase after age 60, instead of age 65, for public safety occupations
- Actuarial increase on retirement after age 65
- Adjustments for actuarial equivalents in the event of late retirement
- Allowing exceptions when a member has a shortened life expectancy
- Amounts in excess of Income Tax Regulations 8517 transfer limit
- Application of maximum pension rule - Earnings from a non-participating employer
- Benefit transfer and recognition of pensionable earnings
- Consumer price index (CPI) indexing of pre-retirement benefits
- Designated plan change in status
- Designated plan - Termination funding
- Designated plan waiver (no more accruals)
- Distribution of surplus to a terminated employee
- Equal and periodic
- Early retirement eligibility service
- Growing in rule
- Guarantee period when a joint and survivor option is elected with a dependant as the beneficiary
- Incorrect pension - over and under payments
- Increase in joint and survivor option
- Industrial aggregate wage index
- Lump-sum payment of retroactive unpaid monthly benefits
- Maximum 2% accrual rate
- Maximum 2% accrual rate
- Maximum benefit on early retirement
- Maximum pension rule
- Minimum accrual under a defined benefit provision
- New Canadian Institute of Actuaries (CIA) commuted value standards (2005)
- Optional form exceeding 2%
- Paragraph 8515(7)(c) of the Income Tax Regulations - Indexing assumptions
- Periodic distribution of an actuarial surplus to retired members
- Prescribed amount and phased retirement - Quebec
- Quebec's additional pension benefit
- Quebec's indexing benefit
- Quebec's indexing benefit - Lump-sum payment on tax deferred transfer
- Quebec's indexing benefit where plan benefit at maximum
- Receiving a maximum pension benefit from two different defined benefit provisions
- Subsection 8303(6) of the Income Tax Regulations - Qualifying transfer to pension plan before registration
- Surplus used on plan wind up to provide stand alone ancillary benefits
- Surplus sharing agreements with a charity
- Use of "banked hours" to increase benefits
Benefits - MP Plans
- Annuity purchases
- Conversion from defined contribution (DC) provision to defined benefit (DB) provision
- Variable benefits paid out from a money purchase provision
- Paying indexing from a registered pension plan (RPP) after annuity purchase
- Self-annuitized money purchase plans
- Status of legislation on variable benefits paid out from a money purchase provision
- Tax reporting of variable benefits
Compensation
- Deeming of compensation under a deferred profit sharing plan (DPSP) or group registered retirement savings plan (RRSP)
- Earnings recognition for transferred employees and service purchases
- Prescribed compensation during certain temporary absences
Contributions
- Allocation of surplus in a flexible pension plan
- Contributions to a plan with no participating employer
- Converting excess contributions under the 50% cost-sharing rule into additional pension
- Deductibility of solvency deficiencies
- Deductibility of transfer deficiency payments - Requirement for new valuation
- Elimination of excess surplus after valuation
- Employer contributions in a designated plan
- Employer flex contributions
- Flexible pension plans - employee optional ancillary contributions
- Funding issues
- Flex plans
- Higher solvency requirements (Quebec) - Tax treatment of additional contributions
- Including stock options in compensation for pension plan purposes
- Issues arising out of the Monsanto case (2004)
- Issues arising out of the Monsanto case (2005)
- Issues arising out of the Transamerica case (2004)
- Issues arising out of the Transamerica case (2005)
- Interest on employee contributions
- Maximum funding valuation assumptions for individual pension plans (IPPs)
- Over-contribution to a registered pension plan (RPP) - Tax treatment of return to employee or employer
- Recommended contributions to a designated plan
- Reduction of employer contributions when funding approval has been given
- Refund of employer contributions made in error
- Refund of excess contributions prior to T4 preparation
- Refund of over-contributions
- Retroactive contributions to a defined contribution pension plan
- Return of a member's contribution that was transferred from another defined benefit plan
- Treatment of excess member contributions
- Under contributions to money purchase accounts - Foregone earnings
- Using the Ontario smoothed solvency valuation rules
- Withholding tax on refunds of excess contributions
Eligible Service
- Foreign service and the three-year limit
- Is a prior employer considered a participating employer?
- New provincial requirements for parental leave
- Pensionable service
- Periods of layoff in excess of five years
- Proportionality condition and the 50/50 test
- Proportionality Newsletter issues
- Recognition of past service
- Recognition of pre-reform service previously commuted
- Severance pay as pensionable earnings and credited service
PA/PSPA/PAR
- $1.50 past service pension adjustment exemption
- Extension of filing deadline for PSPAs exempt from certification
- PA during period of disability leave
- PSPA calculation - New limits
- PARs
- Pension adjustment reversal (PAR) for non-resident
Plan Administration
- Amending a pension plan when the plan is winding up due to bankruptcy
- Amendment to subparagraph 8502(d)(iv) of the Income Tax Regulations
- Amendments to designated plan rules
- Administrative issues
- Administrator's obligation to send T10 when employee's address is unknown
- Bank or credit union as fund custodian
- Bankruptcy - Appointed administrators - Newsletter
- Catch-up payments
- Contracting a payroll company to make payments to plan members
- Custodial agreements
- Demutualization
- Disclosure of personal and private information
- Effective date of registration - Income Tax Act 147.1(2)
- Higher priority for certain written enquiries
- Individual Pension Plans established primarily to accept a transfer of funds from a prior registered pension plan
- Information Circular 72-13R8
- Issues affecting designated plans
- Locked-in designation
- Multi-employer plan (MEP) and specified multi-employer plan (SMEP)
- Non-resident plan administrator
- Non-resident plan administrator
- Notice of late-filed Annual Information Returns
- Post-reform terminally funded plans
- Quebec's Bill 102
- Quebec's civil unions
- Quebec's civil unions, Nova Scotia domestic partnerships, and Manitoba registered common-law relationships
- Registration procedure for designated plans
- Report for transfer to purchaser's pension plan - Timing of approval by the Registered Plans Directorate (RPD)
- Retroactive application (Same sex partners)
- Retroactive plan registration
- Reversing a transfer to spousal registered retirement savings plan (RRSP) on marriage breakdown
- Same sex partners
- Streamlining the waiver process
- Technical reference manual
- The payment of related fees or reimbursement to the employer
- Unable to locate members
- Written enquiries via e-mail
