Contributions made by employers and employees towards a registered plan are:

		a) Taxable to both the employee and employer.
		b) Tax deductible for both the employee and employer.
		c) Are a tax credit for both employee and employer.
		d) All of the above are true.

With regards to a Defined Contribution Pension Plan?

		a) Employers must make a minimum contribution of 5.45% of employee salary for the year.
		b) The minimum contribution employers must make is 1% of employee salaries.
		c) Employers don t contribute anything.
		d) Employers and employees always contributed equally.

Which of following is true?

		a) Pension plans can loan money to members if the plan invests in mortgages, and the plan member is one of the mortgagors.
		b) Pension plans are allowed to loan money to anyone member, given that the member meets strict government loan criteria.
		c) Pension plans can lend money to members in extreme conditions, such as during a round of lay offs.
		d) Pension plans can be incorporated as loan companies in some provinces to avoid excessive taxation.