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When Edward left his employment with Sassy Sauce Inc., the company reported a pension adjustment reversal (PAR). Which one of the following statements correctly describes
When Edward left his employment with Sassy Sauce Inc., the company reported a pension adjustment reversal (PAR). Which one of the following statements correctly describes the implications that the PAR will have for Edward?
It specifies Edward's accumulated benefit entitlement resulting from termination.
It will be used to calculate Edward's pension adjustment (PA).
It will reduce RRSP contribution room for Edward.
It will restore RRSP contribution room for Edward.
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