Line 20700 – Registered pension plan (RPP) deduction

A registered pension plan (RPP) is a pension plan that has been set up by your employer, and registered by the CRA, to provide you with a pension when you retire.

RPP amounts can include contributions for:

You can deduct the total of your RPP contributions for current service, or for past service for 1990 and later years, on your 2022 Income Tax and Benefit Return. However, you cannot carry forward the amount not deducted to 2023 or later years.

For 2022, you may be able to deduct only part of the past service contributions that you made for 1989 or earlier years. If so, you can carry forward the amount not deducted to 2023 or later years.

Note 

Pension benefits you earn on a past-service basis for 1990 or later years may cause a past-service pension adjustment (PSPA).

See Guide T4040, RRSPs and Other Registered Plans for Retirement, to find out how much you can deduct if you contributed:

Note 

You may be able to deduct the contributions that you made to a pension plan in a foreign country. To find out how much you can deduct, see line 20600

Completing your tax return

Enter on line 20700 of your return the total of all amounts from box 20 of your T4 slips and box 032 of your T4A slips, or the amounts from your union or RPP receipts.

Forms and publications

Report a problem or mistake on this page
Please select all that apply:

Thank you for your help!

You will not receive a reply. For enquiries, contact us.

Date modified: