Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
April 16, 1982
Policy and Systems Branch Assessing Division
E. P. Kutkewich
Non-Corporate Rulings Division B. Toyota
Contributions to RRSP
We are in agreement with your views as expressed in your memorandum of March 17, 1982 concerning the application of paragraph 146(5)(a) of the Income Tax Act to members of the XXXX Pension Plan for RRSP purposes.
We are not in agreement with the XXXX interpretation of the Pension Plan. Although the employer's contributions do not vest in an employee until he has ten years of pensionable service, it appears that the employer does in fact make contributions from the outset. Any voluntary contributions made by an employee to the Pension Plan will, of course, reduce the amount of premium deductible under paragraph 146(5)(a).
Since the XXXX does not appear to have any authority to act on behalf of the parties involved, we assume that your reply will be on a general basis.
for Director Non-Corporate Rulings Division
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