Question: Norman has worked for a retail enterprise since April 5th 1984. He was terminated on June 30th 2021. His company provided a registered pension plan

Norman has worked for a retail enterprise since April 5th 1984. He was terminated on June 30th 2021. His company provided a registered pension plan where Norman was fully vested in from September 3rd 1987, before then he was 65% vested. Norman wants to have 85% of the eligible portion of his retirement allowance deposited directly to his RRSP. If Norman receives $30,000 retiring allowance.

What would the amount be that is transferred to his RRSP?

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