Pension adjustment – Personal income tax
- Line 20600
- Tax year: 2025| Prior tax years: 2024 and earlier
The pension adjustment (PA) amount is the value of the benefits you earned in 2025 under your employer's registered pension plans (RPP) and deferred profit sharing plans (DPSP), and possibly some unregistered retirement plans or arrangements.
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 your account at Sign in to your CRA account.
On this page
- Who must report this amount
- Special Situations
- How to report this amount
- Completing your tax return
Who must report this amount
If you have questions about how your PA was calculated, contact your employer or RPP administrator.
If you live in Canada and participated in a foreign pension plan in 2025, you may have to enter an amount on line 20600. For more information, Contact the Canada Revenue Agency.
Special situations
If you lived in Canada and participated in a foreign pension plan in 2025, you may have to enter an amount on line 20600 of your return. Contact the CRA for information.
If you contributed to a foreign employer-sponsored pension plan or to a social security arrangement (other than a United States (U.S.) arrangement), complete Form RC269, Employee Contributions to a Foreign Pension Plan or Social Security Arrangement – Non-United States Plans or Arrangements.
If you are temporarily working in Canada and you continue to participate in a qualifying retirement plan offered by your employer in the United States, complete Form RC267, Employee Contributions to a United States Retirement Plan – Temporary Assignments.
If you are a Canadian resident travelling to work in the U.S. and contributed to a U.S. employer-sponsored retirement plan, complete Form RC268, Employee Contributions to a United States Retirement Plan – Cross-Border Commuters.
How to report this amount
Completing your tax return
Enter the amount shown in box 52 of your T4 slip or box 034 of your T4A slip.
Enter on line 20600 of your return the total of all pension adjustment amounts shown in box 52 of your T4 slips or box 034 of your T4A slips.
Note
This amount is not included as income or allowed as a deduction on your tax return.
For more information, refer to Questions and answers about Line 20600 – Pension adjustment.
Forms and Publications
- Get a T1 income tax package
- Form RC267, Employee Contributions to a United States Retirement Plan – Temporary Assignments
- Form RC268, Employee Contributions to a United States Retirement Plan – Cross-border Commuters
- Form RC269, Employee Contributions to a Foreign Pension Plan or Social Security Arrangement – Non-United States Plans or Arrangements