Sentences with phrase «pension amount adjusted»

Plan participants can opt to start receiving their pension anytime between the ages of 60 and 70, with the annual pension amount adjusted down or up on an actuarially fair basis.

Not exact matches

(In 2010 it also went after the pensions of current retirees and reduced the amount they could adjust to inflation.

In any given calendar year, your RRSP deduction limit is equal to 18 % of your earned income for the previous year, up to the maximum RRSP limit, adjusted for amounts reported to you that reflect the value of the benefits provided by your employer's pension plan, plus your unused RRSP deduction room left over from prior years.