yuuSLUI V U U 15. Fabio is 62 years old. Following the termination of his employment with the company for whom he had worked for 26 years, he received a relatively small termination benefit. As a result, he incurred a pension adjustment reversal (PAR) of $38,000. What is the relevance of the PAR to Fabio? a) Fabio's RRSP contribution room will be increased the PAR amount. b) Fabio's RRSP contribution room will be reduced by the PAR amount. c) Fabio's RPP benefits will be increased by the PAR amount. d) Fabio's RPP benefits will reduced by the PAR amount. 16. Upon his retirement earlier this year, Salvatore received a $42,000 retiring allowance from the company for whom he had worked since 1980. He joined his company's registered pension plan two years after he was hired. If Salvatore accumulated $9,640 in RRSP contribution room for this year and he has an RRSP carryforward of $16,500 from previous years, what portion of his retiring allowance represents the MAXIMUM amount he can rollover into his RRSP? a) $ 9,640 b) $ 26,140 c) $ 35,000 d) $ 42,000