h) Highlight and underline the correct response for TRUE or FALSE regarding the following statements on QPP (.5 marks each): - The age at which you will begin receiving your QPP pension determines its amount for your entire retirement with pension increases in January for readjustrnents according to the cost of living. TRUE or FALSE - The eamings used to calculate your QPP pension will be adjusted for some months with eamings that are lower, or nil. These low or nil eamings may be removed from the average used to calculate your pension which will increase your average monthly eamings and may increase your pension. This is called the general dropout provision and affects 15% for QPP (or 17% for Canada Pension Plan (CPP)) of your base contributory period, when your earnings were at their lowest. For example, 15% of low-income years, say while in university or during your first years at full-time employment where you are starting at an entrance or low salary may be dropped, which may increase your future QPP pension. TRUE or FALSE - QPP pension is not taxable. TRUE or FALSE - You can reduce your income taxes by sharing your QPP retirement pension with your spouse. TRUE or FALSE - Since January 1, 2019, the enhancement of the Qubec Pension Plan now comprises two plans, a base plan, and an additional plan. These enhancements to QPP means that the generation of employees entering the labour market now will benefit from the most significant increase in their retirement pension, whereas employees who will retire in the coming years will benefit from an increase in their pension prorated to their number of years of contribution to the additional plan. TRUE or FALSE