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pension adjustment reversal (PAR)

An option for readjustment of the contribution limit available to certain participants making an early withdrawal from a Canadian RRSP/PA tax assisted retirement plan. The maximum amount that can be invested by the employee is 18% of yearly income. A reversal is calculated when membership in the plan is terminated and all invested money has been withdrawn from the plan. Typically, this step is taken when an individual has been a plan participant for only a short period of time. A pension adjustment reversal is no longer available once a plan participant is vested or has received tangible benefits (such as matching funds) from the employer.

Related information about pension adjustment reversal (PAR):
  1. Pension Adjustment Reversal (PAR)
    Dec 2, 2008 ... This menu page is for registered plans administrators and contains information on Pension Adjustment reversal (PAR).
     
  2. T10 - Pension Adjustment Reversal (PAR)
    Slip completed by the RPP administrator or the DPSP trustee and used by CRA to help determine the employees RRSP deduction limit for the year.
     
  3. Pension Adjustment Reversal Guide - Agence du revenu du Canada
    calculate a pension adjustment reversal (PAR) amount. If you are a registered pension plan administrator or the trustee of a deferred profit sharing plan, you may ...
     
  4. Pension Adjustment Reversal (PAR) Definition | Investopedia
    A numerical calculation in certain Canadian pension plans that reverses a previously assumed pension value. This can occur when an employee leaves a ...
     
  5. What is pension adjustment reversal (PAR)? definition and meaning
    Definition of pension adjustment reversal (PAR): An option for readjustment of the contribution limit available to certain participants making an early withdrawal ...
     
  6. Pension Adjustment Reversal (PAR) | CAAT Pension Plan
    Sep 1, 2010 ... Definition/Eligibility: A PAR is a calculation that can restore RRSP contribution room when the member terminates from the CAAT Pension Plan ...
     
  7. Pension Adjustment Reversal - PAR: Definition from Answers.com
    Type: Public On the web: http://www.partech.com. Employees: 1,408. Employee growth: (8.5%). PAR Technology is par for the course for fast food giants such as ...
     
  8. DGCB - Pension Adjustment Reversal (PAR)
    Dec 18, 2008 ... Pension Adjustment Reversal (PAR). Canada Revenue Agency (CRA) announced the Pension Adjustment Reversal (PAR) program, to restore ...