Eileen is a member of her employer's Registered Pension Plan $($RPP$)$ to which her employer contributed $$3,500$ and Eileen contributed $$2,600$ in the current year. Which of the following statements is correct?

Eileen can deduct her contribution from her employment income and she must include her employer's contribution in her employment income as a taxable benefit.

Eileen can deduct her contribution from her employment income and her employer's contribution is not considered a taxable benefit.

Eileen cannot deduct her contribution from her employment income and her employer's contribution is considered a taxable benefit.

Eileen cannot deduct her contribution from her employment income and her employer's contribution is not considered a taxable benefit.