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Which of the following statements about pension adjustments are correct? i)A pension adjustment (PA) reduces the amount of RRSP room. ii)A past service pension adjustment
Which of the following statements about pension adjustments are correct?
i)A pension adjustment (PA) reduces the amount of RRSP room.
ii)A past service pension adjustment (PSPA) reduces the amount of RRSP room.
iii)A pension adjustment reversal (PAR) reduces the amount of RRSP room.
iv)A pension adjustment increment (PAI) increase the amount of RRSP room.
a) i and ii
b) iii &iv
c) i and iii
d) ii &iii
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