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Camerons pension credits for 2021 are $7,200 for his DBPP and $1,800 for his DPSP. In addition, $500 in forfeited amounts was credited to his
Camerons pension credits for 2021 are $7,200 for his DBPP and $1,800 for his DPSP. In addition, $500 in forfeited amounts was credited to his account. His pension adjustment is:
a. $8,500
b. $7,200
c. $9,500
d. $9,000
Celines income is $135,000. Her employer contributed $5,000 to a defined benefit pension plan on her behalf. Celine contributed an equal amount. Her pension adjustment is $11,600. Celine can contribute how much to her RRSP next year if the money purchase limit is $30,780?
a.
$19,180
b.
$12,700
c.
$24,300
d.
$14,300
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