Which of the following statements with respect to pensions (specifically, pension income splitting) is NOT correct? Select one: a. Past Service Pension Adjustments can only arise when the plan is a defined benefit plan. b. Neither OAS payments nor CPP payments are eligible for the pension income splitting provisions. c. These provisions allow a taxpayer to allocate up to 50 percent of his qualifying pension income to a spouse. d. Lump sum withdrawals from RRSPs are not eligible for pension income splitting, e. If an individual and his spouse are in different tax brackets, pension income splitting will always reduce their combined federal Tax Payable