Path: utzoo!mnetor!lsuc!dave
From: dave@lsuc.uucp (David Sherman)
Newsgroups: can.general
Subject: Re: income tax tips #13: RRSPs
Message-ID: <1988Mar9.130753.22405@lsuc.uucp>
Date: 9 Mar 88 18:07:51 GMT
References: <927@micomvax.UUCP>
Distribution: can
Organization: Law Society of Upper Canada, Toronto
Lines: 29
Summary: Federal government budget documents

In article <927@micomvax.UUCP>, ray@micomvax.UUCP (Ray Dunn) writes:
> DS Actually, you have it backwards.  The tax assistance provided to
> DS pension plans (taking the employer contribution into account), based
> DS on the most common defined-benefit plans, can only be equalled for
> DS taxpayers without access to a private pension plan by allowing
> DS tax-deferred RRSP savings of about $15,500 per year.
> 
> David.  Lets have some numbers!  Its very easy and not too useful to post
> these generalizations.  These we can read in the advertising bumph of any
> bank or trust company. 
> ...
> If you don't feel able/willing to share this information, can you point us to
> the relevant information documents, if any?

I don't have time to dig it all up and type it in.  The most
recent comprehensive analysis of this stuff was published by the
Dept. of Finance in October 1986 along with the proposals for
reform of the pension plan and RRSP system. (The issues of
vesting and entitlement to pension are dealt with in the same
proposals, so you won't be locked to a company for as long, and
so on.)  A similar detailed analysis came out with the 1984 budget
documents from the Dept. of Finance.

I would think the 1986 materials are still available from Finance.
They should also be findable in any decent law or accounting library.

David Sherman
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