Line 206 – Pension adjustment
The pension adjustment (PA) amount is the value of the benefits you earned in 2017 under your employer's registered pension plans (RPP) and deferred profit sharing plans (DPSP), and possibly, some unregistered retirement plans or arrangements.
The amount is shown in box 52 of your T4, Statement of Remuneration Paid slip or box 034 of your T4A, Statement of Pension, Retirement, Annuity and Other Income slip.
Generally, the PA reduces your registered retirement savings plan (RRSP) deduction limit for the following year. You can find your RRSP deduction limit and more by logging in My Account or by going to MyCRA on your mobile device.
If you have questions about how your PA was calculated, contact your employer or RPP administrator.
If you live in Canada and you participated in a foreign pension plan in 2017, you may have to enter an amount on this line. For more information, contact us.
If you contributed to a foreign employer-sponsered pension plan or to social security arrangment (other than a United States (U.S.) arrangement),
see Form RC269, Employee Contributions to a Foreign Pan or SociL Security Arrangment for 2017 – Non-United States Plans or Arrangments.
If you are a U.S. resident working in Canada and contribute tp a U.S. employer-sponsored retirement plan, see Form RC267, Employee Contriburions to a United States Retirement Plan for 2017 – Temporary Assignments.
If you are a commuter from Canada and contribute to a U.S. retirement plan, see form RC268, Employee Contributions to a United States Retirement Plan for 2017 – Cross-border Commuters.
Completing your income tax and benefit return
On line 206, enter the total of all PA amounts shown in box 52 of your T4 slips or box 034 of your T4A slips.
This amount is not included in income or allowed as a deduction on your income tax and benefit return. Simply enter your total.
Forms and Publications
- General Income Tax and Benefit Guide
- Form RC267, Employee Contributions to a United States Retirement Plan for 2017 – Temporary Assignments
- Form RC268, Employee Contributions to a United States Retirement Plan for 2017 – Cross-border Commuters
- Form RC269, Employee Contributions to a Foreign Pension Plan or Social Security Arrangement for 2017 – Non- United States Plans or Arrangements
Report a problem or mistake on this page
- Date modified: