Pension Adjustment definition

Pension Adjustment means Pension Adjustment as defined in section 8301 of the Regulations to the Income Tax Act.
Pension Adjustment means, in respect of a calendar year, the amount determined for the Member under subparagraph 8301(6) of the Regulations under the Income Tax Act (Canada), as amended from time to time.
Pension Adjustment means, in respect of a calendar year, the amount determined for the Member under subparagraph 8301(6) of the Regulations under the Income Tax Act (Canada).

Examples of Pension Adjustment in a sentence

  • RRSP Contribution Room: Your RRSP contribution limit in each calendar year is 18% of your earned income in the previous year up to a dollar limit less your Pension Adjustment (PA).

  • The Pension Adjustment is the deemed value of the pension benefit earned in the previous year as determined by the Revenue Canada formula and reported each year on your T4.

  • For all other eligible pensioners, and for all survivors, the Pension Adjustment Factor is equal to the applicable percentage adjustment.

  • PENSION ADJUSTMENT Monthly pensions payable to eligible beneficiaries as of an adjustment date are increased by a percentage called the Pension Adjustment Factor determined as follows: For eligible pensioners who retire in the twelve (12) month period prior to the adjustment date, except for disability pensioners, the Pension Adjustment Factor is of the pension adjustment for each full month prior to the adjustment date.

  • Pension Adjustment Certain retirees will receive a pension adjustment as follows: Retired before 1990 5.0% Retired between 1/1/90 and 12/31/97 3.0% This pension increase is contingent on the approval of the Employee Benefits Committee of Pacific Gas & Electric Company and the Board of Directors of Pacific Gas & Electric Company and will be effective February 1, 2009.


More Definitions of Pension Adjustment

Pension Adjustment shall be as defined in the Income Tax Act.
Pension Adjustment means the difference, if any, between the aggregate pension liabilities of the Group Companies (based on the line items “retirement indemnities” and “pensions”) at Closing and €30.8 million (which, for the avoidance of doubt, may be a negative value if the liability is less than €30.8 million). (For illustration purposes, the aggregate pension liabilities of the Group Companies in the Pro Forma Accounts is set out in Schedule 25).
Pension Adjustment means the amount defined as such in Paragraph 8301 of Part LXXXIII of the Income Tax Regulations namely the aggregate of all amounts each of which is the individual's pension credit for the year in respect of the University under the Plan.
Pension Adjustment has the meaning set forth in Section 2.4(b) hereof.
Pension Adjustment means the pension adjustment as defined under the Income Tax Act (Canada), for purposes of determining a deemed value to the DB Option of the Base Canadian Pension Plan.
Pension Adjustment means the Pension Adjustment as determined in accordance with Section 248(1) of the Income Tax Act, Section 8301(6) of the Regulations of the Income Tax Act and subject to Section 9.04 of the Plan.
Pension Adjustment shall be as defined in Subsection 147.1(8) and 147.1(9) of the Income Tax Act.