Registered Plans Directorate Technical Manual
Table of contents
Chapter 1 - 147.1(1), 248(1), 8300(1), 8500 – Definitions
- 1.1 Actuary – 147.1(1) (Actuaire)
- 1.2 Active Member – 8500(1), 8500(7) (Participant actif)
- 1.3 Additional Voluntary Contribution – 248(1) (Cotisation facultative)
- 1.4 Administrator – 147.1(1) (Administrateur)
- 1.5 Average Consumer Price Index – 8500(1) (Moyenne de l’indice des prix à la consommation)
- 1.6 Average Wage – 147.1(1) (Salaire moyen)
- 1.7 Beneficiary – 8500(1) (Bénéficiaire)
- 1.8 Benefit Provision – 8500(1) (Disposition d’un régime)
- 1.9 Bridging Benefit – 8500(1) (Prestation de raccordement)
- 1.10 Certifiable Past Service Event – 8300(1) (Fait à attester)
- 1.11 Common-Law Partner – 248(1) (Conjoint de fait)
- 1.12 Compensation – 147.1(1) (Rétribution)
- 1.13 Complete Period of Reduced Services – 8300(1) (Période complète de services réduits)
- 1.14 Connected Person – 8500(3) (Personne rattachée)
- 1.15 Consumer Price Index – 8500(1) (Indice des prix à la consommation)
- 1.16 Deemed Contribution - 8500(7) (cotisation réputée)
- 1.17 Defined Benefit Limit – 8500(1) (Plafond des prestations déterminées)
- 1.18 Defined Benefit Provision – 147.1(1) (Disposition à prestations déterminées)
- 1.19 Dependant – 8500(1) (Personne à charge)
- 1.20 Designated Plan – 8515 (régime désigné)
- 1.21 Disabled – 8500(1) (Invalide)
- 1.22 Eligible Period of Reduced Pay – 8500(1) (Période admissible de salaire réduit)
- 1.23 Eligible Period of Temporary Absence – 8500(1) (Période admissible d’absence temporaire)
- 1.24 Eligible Survivor Benefit Period – 8500(1) (Période admissible de prestations au survivant)
- 1.25 Grandfathered Plan – 8500(1) (Régime exclu)
- 1.26 Individual Pension Plan – 8300(1) (régime de retraite individuel)
- 1.27 IPP Minimum Amount – 8500(1) (Minimum RRI)
- 1.28 Lifetime Retirement Benefits – 8500(1) (Prestation viagère)
- 1.29 Member – 147.1(1), 8300(1) (Participant)
- 1.30 Money Purchase Limit – 147.1(1) (Plafond des cotisations déterminées)
- 1.31 Money Purchase Provision – 147.1(1) (disposition à cotisations déterminées)
- 1.32 Multi-Employer Plan – 147.1(1), 8500(1) (Régime interentreprises)
- 1.33 Participating Employer – 147.1(1) (Employeur participant)
- 1.34 Past Service Event – 147.1(1), 8300(1), 8300(2) (Fait lié aux services passés)
- 1.35 Pensionable Service – 8500(1) (Services validables)
- 1.36 Period of Disability – 8500(1) (Période d’invalidité)
- 1.37 Predecessor Employer – 8500(1) (employeur remplacé)
- 1.38 Pre-Reform Service & Post-Reform Service (Services avant et après la réforme)
- 1.39 Public Safety Occupation – 8500(1) (Profession liée à la sécurité publique)
- 1.40 Retirement Benefits – 8500(1) (Prestation de retraite)
- 1.41 Single Amount – 147.1(1) (Montant unique)
- 1.42 Specified Multi-Employer Plan – 147.1(1) (Régime interentreprises déterminé)
- 1.43 Spouse – 8500(5), 252(3) (Époux)
- 1.44 Surplus – 8500(1) & (1.1) (Surplus)
- 1.45 Totally and Permanently Disabled – 8500(1) (Invalidité totale et permanente)
- 1.46 Wage Measure – 147.1(1) (Mesure des gains)
- 1.47 Year's Maximum Pensionable Earnings – 8500(1) (Maximum des gains annuels ouvrant droit à pension)
Chapter 2 – 147.1 - Registered Pension Plan
- 2.1 147.1(2) – Registration of the Plan
- 2.2 147.1(3) – Deemed Registration
- 2.3 147.1(4) – Acceptance of Amendments
- 2.4 147.1(5) – Additional Conditions
- 2.5 147.1(6) – Administrator
- 2.5.1 Non-Resident Administrator
- 2.6 147.1(7) – Obligations of the Administrator
- 2.7 147.1(8) – Pension Adjustment Limits
- 2.8 147.1(9) Pension Adjustment Limits - Multi-Employer Plans
- 2.9 147.1(10) – Past Service Benefits
- 2.10 147.1(11) – Revocation of Registration – Notice of Intention
- 2.11 147.1(12) – Notice of Revocation
- 2.12 147.1(13) – Revocation of Registration
- 2.13 147.1(14) – Anti-Avoidance - Multi-Employer Plans
- 2.14 147.1(15) – Plan as Registered
- 2.15 147.1(16) – Separate Liability for Obligations
- 2.16 147.1(17) – Superintendent of Financial Institutions
- 2.17 147.1(18) – Regulations
- 2.18 147.1(19) – Reasonable error
Chapter 3 - 147.2 – Pension Plan Contributions
- 3.1 147.2(1) – Deductible Employer Contributions
- 3.2 147.2(2) – Employer Contributions – Defined Benefit Provisions
- Example
- 3.3 147.2(3) – Filing of Actuarial Report
- 3.4 147.2(4) – Amount of Employee's Pension Contributions Deductible
- 3.4.1 147.2(4)(a) – Service After 1989
- 3.4.2 147.2(4)(b) – Service Before 1990, While not a Contributor
- 3.4.3 147.2(4)(c) – Service Before 1990, While a Contributor
- 3.5 147.2(5) – Teachers
- 3.6 147.2(6) – Deductible Contributions when Taxpayer Dies
- 3.7 147.2(7) – Letter of Credit
- 3.8 147.2(8) – Former Employee of Predecessor Employer
Chapter 4 - 147.3 – Transfers
- 4 147.3 – Transfers
- 4.1 147.3(1) – Transfer - money purchase to money purchase, RRSP or RRIF
- 4.2 147.3(2) – Transfer - money purchase to defined benefit
- 4.3 147.3(3) – Transfer - defined benefit to defined benefit
- 4.4 147.3(4) – Transfer - defined benefit to money purchase, RRSP or RRIF
- 4.5 147.3(4.1) – Transfer of Surplus – defined benefit to money purchase
- 4.6 147.3(5) – Transfer to RPP, RRSP or RRIF for spouse on marriage breakdown
- 4.7 147.3(6) – Transfer - pre-1991 contributions
- 4.8 147.3(7) – Transfer - lump sum benefits on death
- 4.9 147.3(7.1) – Transfer where money purchase plan replaces money purchase plan
- 4.10 147.3(8) – Transfer where money purchase plan replaces defined benefit plan
- 4.11 147.3(9) & 147.3(10)– Taxation of amount transferred
- 4.12 147.3(11) – Division of transferred amount
- 4.13 147.3(12) – Restriction re transfers
- 4.14 147.3(13) – Excess transfer
- 4.15 147.3(13.1) – Withdrawal of excessive transfer to RRSPs or RRIFs
- 4.16 147.3(14) – Deemed Transfer
- 4.17 147.3(14.1) – Transfer of property between provisions
Chapter 5 - 147.4 – RPP Annuity Contract
Chapter 6 - 8303, 8308 & 8409 – Pension Adjustments & Annual Information Returns
Chapter 7 - 8501 – Prescribed Conditions for Registration
- 7 8501(1) – Conditions for Registration
- 7.1.1 8501(1)(a), (b) and (c)
- 7.1.2 8501(1)(d)
- 7.1.3 8501(1)(e)
- 7.2 8501(2) – Conditions Applicable to Registered Pension Plans
- 7.3 8501(3) – Permissive Rules
- 7.4 8501(4) – Supplemental Plans
- 7.5 8501(5) – Benefits Payable after Breakdown of Marriage or Common-law Partnership
- 7.6 8501(6) – Indirect Contributions
- 7.7 8501(6.1) & 8501(6.2) – Member Contributions for Unfunded Liability
- 7.8 8501 (7) – Benefits Provided with Surplus on Plan Wind-Up
Chapter 8 - 8502 – Conditions Applicable to all Pension Plans
- 8.1 8502(a) – Primary Purpose
- 8.2 8502(b) – Permissible Contributions
- 8.3 8502(c) – Permissible Benefits
- 8.4 8502(d) – Permissible Distributions
- 8.5 8502(e) – Payment of Pension
- 8.6 8502(f) – Assignment of Rights
- 8.7 8502(g) – Funding Media
- 8.8 8502(h) – Investments
- 8.9 8502(i) – Borrowing
- 8.10 8502(j) – Determination of Amounts
- 8.11 8502(k) – Transfer of Property Between Provisions
- 8.12 8502(l) – Appropriate Pension Adjustments
- 8.13 8502(m) – Participants in GSRAs
Chapter 9 - 8503(1) & 8503(2) – Defined Benefit Provisions
- 9.1 8503(1) – Net Contribution Account
- 9.2 8503(2) – Permissible Benefits
- 9.3 8503(2)(a) – Lifetime retirement benefits
- 9.3.1 8503(2)(a)(i) – Death benefits
- 9.3.2 8503(2)(a)(ii) – Cost-of-living adjustments
- 9.3.3 8503(2)(a)(iii) – Ad hoc increases
- 9.3.4 8503(2)(a)(iv) – Additional lifetime retirement benefits
- 9.3.5 8503(2)(a)(v) – Early retirement
- 9.3.6 8503(2)(a)(vi) – Disability benefits
- 9.3.7 8503(2)(a)(vii) – Optional forms – Increased
- 9.3.8 8503(2)(a)(viii) – Optional forms – Decreased
- 9.3.9 8503(2)(a)(ix) – Retirement benefits while remunerated
- 9.3.10 8503(2)(a)(x) – Adjustments approved by the Minister
- 9.3.11 8503(2)(a)(xi) – Reduction permitted by PBSA or provincial legislation
- 9.4 8503(2)(b) – Bridging benefits
- 9.5 8503(2)(c) – Guarantee period
- 9.6 8503(2)(d) Post-retirement survivor benefits
- 9.7 8503(2)(e) – Pre-retirement survivor benefits
- 9.8 8503(2)(f) – Pre-retirement survivor benefits – Alternative rule
- 9.9 8503(2)(g) – Pre-retirement survivor benefits – Guarantee period
- 9.10 8503(2)(h) – Lump sum payments on termination
- 9.11 8503(2)(i) Commuted value – Pre-retirement death
- 9.12 8503(2)(j) – Lump sum payment on death
- 9.13 8503(2)(k) – Additional post-retirement death benefits
- 9.14 8503(2)(l) – Additional bridging benefits
- 9.15 8503(2)(l.1) – Survivor bridging benefits
- 9.16 8503(2)(m) – Commutation of benefits
- 9.17 8503(2)(n) – Commutation – Beneficiary's benefits
- 9.18 8503(2.1) – Rule for Commutation of Benefits
Chapter 10 - 8503(3) – Conditions applicable to benefits
- 10 8503(3) – Conditions applicable to benefits
- 10.1 8503(3)(a) – Eligible service
- 10.1.1 8503(3)(a)(i) – Participating employer
- 10.1.2 8503(3)(a)(ii) – Predecessor employer
- 10.1.3 8503(3)(a)(iii) – Periods of temporary absence
- 10.1.4 8503(3)(a)(iv) – Disability
- 10.1.5 8503(3)(a)(v), (v.1) & (vi) – Former employer
- 10.1.6 8503(3)(a)(vii) – Acceptable to the Minister
- 10.2 8503(3)(b) – Benefit accruals after pension commencement
- 10.3 8503(3)(c) – Early retirement
- 10.4 8503(3)(d) Increased benefits for disabled member
- 10.5 8503(3)(e) – Pre-1991 benefits
- 10.6 8503(3)(f) – Determination of retirement benefits
- 10.7 8503(3)(g) – Benefit accrual rate
- 10.8 8503(3)(h) – Increase in accrued benefits
- 10.9 8503(3)(i) – Increase in accrued benefits
- 10.10 8503(3)(j) – Offset benefits
- 10.11 8503(3)(k) – Bridging benefits – cross-plan restriction
- 10.12 8503(3)(l) – Division of benefits on breakdown of the marriage or common-law partnership
Chapter 11 - 8503(4) to 8503(26) – Additional Conditions
- 11.1 8503(4)(a) – Member Contributions
- 11.1.1 8503(4)(a)(i) – Current Service Contribution Limit
- 11.1.2 8503(4)(a)(ii) – Periods of Disability, Reduced Pay or Temporary Absence
- 11.1.3 8503(4)(a)(iii) – Past Service Contribution Limit
- 11.2 8503(4)(b) – Pre-payment of Member Contributions
- 11.3 8503(4)(c) – Reduction in Benefits and Return of Contributions
- 11.4 8503(4)(d) – Undue Deferral of Payment
- 11.5 8503(4)(e) & (f) – Evidence of Disability
- 11.6 8503(5) – Waiver of Member Contribution Condition
- 11.7 8503(6) – Pre-Retirement Death Benefits
- 11.8 8503(7) – Commutation of Lifetime Retirement Benefits
- 11.9 8503(7.1) – Bridging Benefits and Elections
- 11.10 8503(8) – Suspension or Cessation of Pension
- 11.11 8503(9) – Re-Employed Member
- 11.12 8503(10) – Re-Employed Member - Special Rules Not Applicable
- 11.13 8503(11) – Re-Employed Member - Anti-Avoidance
- 11.14 8503(12) – Limits Dependent on Consumer Price Index
- 11.15 8503(13) – Statutory Plans – Special Rules
- 11.16 8503(14) – Artificially Reduced Pension Adjustment
- 11.17 8503(15) – Past Service Employer Contribution
- 11.18 8503(16) – Definitions for the Purpose of Phased Retirement Benefits
- 11.19 8503(17) – Bridging Benefits Payable on a Stand-Alone Basis
- 11.20 8503(18) – Rules of Application
- 11.21 8503(19) – Benefit Accruals After Pension Commencement
- 11.22 8503(20) – Re-Determination of Benefits
- 11.23 8503(21) – Rules of Application
- 11.24 8503(22) – Anti-Avoidance
- 11.25 8503(23) – Cross-Plan Rules
- 11.26 8503(24) and (25) – Associated Defined Benefit Provisions
- 11.27 8503(26) IPP – Minimum Withdrawal
Chapter 12 - 8504 – Maximum Benefits
- 12.1 8504(1) – Lifetime Retirement Benefits
- 12.1.1 8504(1)(a)(i) – Maximum for connected persons
- 12.1.2 8504(1)(a)(ii) – Maximum for non-connected years
- 12.1.3 8504(1)(b) – Indexing
- 12.2 8504(2) – Highest Average Compensation
- 12.3 8504(2.1) – Predecessor Employer
- 12.4 8504(3) – Alternative Compensation Rules
- 12.5 8504(4) - Part-Time Employees
- 12.5.1 8504(4)(a), (b), (c) – Compensation
- 12.5.2 8504(4)(d) – Eligible periods
- 12.6 8504(5) – Retirement Benefits Before Age 65
- 12.7 8504(6) – Pre-1990 Benefits
- 12.8 8504(7) – Limit Not Applicable
- 12.9 8504(8) – Cross-Plan Restrictions
- 12.10 8504(9) – Associated Defined Benefit Provisions
- 12.11 8504(10) – Excluded Benefits
- 12.12 8504(11) – [Idem]– Excluded Benefits
- 12.13 8504(12) – [Idem]– Excluded Benefits
- 12.14 8504(13)-(15) – Alternative CPI Indexing
Chapter 13 - 8505 – Additional Benefits on Downsizing
- 13.1 8505(1) – Downsizing Program
- 13.2 8505(2) – Applicability of Downsizing Rules
- 13.2.1 8505(2)(a) – Acceptable Downsizing Program
- 13.2.2 8505(2)(b) – Qualifying Individual
- 13.2.3 8505(2)(c) – Specified Day (duration of program)
- 13.3 8505(2.1) – Qualifying Individual – Exclusion
- 13.4 8505(3) – Additional Lifetime Retirement Benefits
- 13.5 8505(3.1) – Re-employed Members
- 13.6 8505(4) – Early Retirement Reduction
- 13.7 8505(5) – Exception for Future Benefits
- 13.8 8505(6) – Alternative CPI Indexing
- 13.9 8505(7) – Exclusion from Maximum Pension Rules
- 13.10 8505(8) – Exemption from Past Service Contribution Rule
Chapter 14 - 8506 – Money Purchase Provisions
- 14 8506 – Money Purchase Provisions
- 14.1 8506(1) – Permissible Benefits
- 14.1.1 8506(1)(a) – Lifetime retirement benefits
- 14.1.2 8506(1)(b) – Bridging benefits
- 14.1.3 8506(1)(c) – Guarantee period
- 14.1.4 8506(1)(d) – Post-retirement survivor benefits
- 14.1.5 8506(1)(e) – Pre-retirement survivor benefits
- 14.1.6 8506(1)(e.1) – Variable benefits
- 14.1.7 8506(1)(e.2) – Variable Payment Life Annuity
- 14.1.8 8506(1)(f) – Payment from account
- 14.1.9 8506(1)(g) – Payments from account after death
- 14.1.10 8506(1)(h) – Commutation of benefits
- 14.1.11 8506(1)(i) – Commutation of benefits after death
- 14.2 8506(2) – Additional Conditions
- 14.2.1 8506(2)(a) – Employer contributions acceptable to the Minister
- 14.2.2 8506(2)(b) – Employer contributions with respect to particular members
- 14.2.3 8506(2)(b.1) – Allocation of employer contributions
- 14.2.4 8506(2)(c) – Employer contributions not permitted
- 14.2.5 8506(2)(c.1) – Contributions not permitted
- 14.2.6 8506(2)(d) – Return of contributions
- 14.2.7 8506(2)(e) – Allocation of earnings
- 14.2.8 8506(2)(f) – Payment or reallocation of forfeited amounts
- 14.2.9 8506(2)(g) – Retirement benefits
- 14.2.10 8506(2)(h) – Undue deferral of payment – Death of the member
- 14.2.11 8506(2)(i) –Undue deferral of payment – Death of a specified beneficiary
- 14.3 8506(2.1) – Alternative Method for Allocating Employer Contributions
- 14.4 8506(3) – Reallocation of Forfeitures
- 14.5 8506(4) – Non-Payment of Minimum Amount – Plan Revocable
- 14.6 8506(5) – Minimum Amount
- 14.7 8506(6) – Determination of Account Balance
- 14.8 8506(7) – When the Minimum Amount is Nil
- 14.9 8506(8) – Specified Beneficiary
- 14.10 8506(9) and (10) – Adjusted Minimum Amount for 2008
- 14.11 8506(13) - VPLA fund
Chapter 15 - 8507 & 8508 – Periods of Reduced Pay & Salary Deferral Leave Plan
- 15 8507 & 8508 – Periods of Reduced Pay & Salary Deferral Leave Plan
- 15.1 8507(1) – Prescribed Compensation
- 15.2 8507(2) – Additional Compensation in Respect of Qualifying Period
- 15.3 8507(3) – Qualifying Periods and Periods of Parenting
- 15.3.1 8507(3)(a) – Qualifying period
- 15.3.2 8507(3)(b) – Period of parenting
- 15.4 8507(4) – Cumulative Additional Compensation Fraction
- 15.5 8507(5) – Additional Compensation Fraction
- 15.6 8507(6) – Exclusion of Subperiods
- 15.7 8507(7) – Complete Period of Reduced Pay
- 15.8 8508 – Salary Deferral Leave Plan
Chapter 16 - 8509 – Transition Rules
- 16.1 8509(1) – Prescribed Conditions Applicable Before 1992 to Grandfathered Plans
- 16.1.1 8509(1)(a) – Primary Purpose
- 16.1.2 8509(1)(b) – Permissible Benefits
- 16.1.3 8509(1)(c) – Employer Contributions Under a Money Purchase Provision
- 16.1.4 8509(1)(d) – Acceptable to the Minister
- 16.1.5 8509(1)(e) – Additional Requirements
- 16.2 8509(2) – Post-91 Conditions for Grandfathered Plan
- 16.2.1 8509(2)(a) – Bridging Benefits
- 16.2.2 8509(2)(b) – Benefits
- 16.2.3 8509(2)(c) – Maximum Lifetime Retirement Benefits
- 16.3 8509(3) – Additional Prescribed Conditions for Grandfathered Plan After 1991
- 16.4 8509(4) & (4.1) – Defined Benefits Under Grandfathered Plan Exempt from Conditions
- 16.4.1 8509(4)(a) – Exemptions – Death Benefits
- 16.4.2 8509(4)(b) – Exemptions – Bridging Benefits
- 16.5 8509(4.1) – Benefits under Grandfathered Plan – Pre-1992 Disability
- 16.6 8509(5) – Conditions Not Applicable to Grandfathered Plan
- 16.6.1 8509(5)(a) – Not Applicable Before 1992
- 16.6.2 8509(5)(b) – Permissible Distributions
- 16.6.3 8509(5)(c) – Eligible Service & Benefit Accrual
- 16.7 8509(6) – PA Limits for Grandfathered Plan for 1991
- 16.8 8509(7) – Limit on Pre-Age 65 Benefits
- 16.9 8509(8) – Benefit Accrual Rate Greater Than 2%
- 16.9.1 8509(8)(a) – Benefit Accrual Rate
- 16.9.2 8509(8)(b) – Increases in Accrued Benefits
- 16.10 8509(9) – Benefits Under a Plan Other Than Grandfathered Plan
- 16.11 8509(10) –Money Purchase Benefits Exempt From Conditions
- 16.12 8509(10.1) – Stipulation Not Required for Pre-1992 Plans
- 16.13 8509(11) – Benefits Acceptable to Minister
- 16.14 8509(12) – PA Limits – 1996 to 2002
Chapter 17 - 8510 – Multi-Employer Plan and Specified Multi-Employer Plan
- 17.1 8510(1) – Definition of a Multi-Employer Plan
- 17.2 8510(2) – Definition of a Specified Multi-Employer Plan
- 17.3 8510(3) – Qualification as a Specified Multi-Employer Plan
- 17.4 8510(4) – Minister's Notice
- 17.5 8510(5) – Special Rules – MEPs
- 17.6 8510(6) – Special Rules – SMEPs
- 17.7 8510(7) – Additional Prescribed Conditions
- 17.8 8510(8) – Purchase of Additional Benefits
- 17.9 8510(9) – Special Rules – Member-Funded Pension Plans
Chapter 18 - Section 8511 to 8514
Chapter 19 - 8515 & 8516 – Special Rules for Designated Plans & Eligible Contributions
- 19.1 8515(1) – Designated Plan
- 19.2 8515(2) – Designated Plan in Previous Year
- 19.3 8515(3) – Exceptions
- 19.4 8515(3.1) – Exceptions
- 19.5 8515(4) – Specified Individual
- 19.6 8515(5) – Eligible Contributions
- 19.7 8515(6) – Funding Restriction
- 19.8 8515(7) – Maximum Funding Valuation
- 19.9 8515(8) – Restricted-Funding Members
- 19.10 8515(9)- Member Contributions
- 19.11 8516(1) – Prescribed Contribution
- 19.12 8516(2) – Funding on Termination Basis
- 19.13 8516(3) – Contributions Required by Pension Benefits Legislation