Understanding Individual Pension Records

You can enter a pension plan number and pension adjustment amounts that you need to report for individual employees.

Pension adjustment is the total of an employee's pension credits that accrue during a year under an employer's registered pension plan (RPP) or deferred profit sharing plan (DPSP), or possibly under some unregistered retirement plans or arrangements.

You can use the Pension Maintenance program to add pension records for individual employees. The system creates T4A forms for these employees regardless of whether they have a corresponding record in the Tax History table, or it updates the T4 if you have not selected the Print on T4A option. You can also use the Pension Maintenance program to modify pension records that were created by the Pension Batch Maintenance Update program (R77230).

The Pension Maintenance program creates or updates records in the Employee Pension Maintenance table.

Pension records that have been processed in a workfile build include the year-end ID in which they were processed and a flag indicating that the record has been processed.

Important: Pension records that are added or changed after the workfile build is run are displayed in yellow to indicate a warning condition. Also, the year-end ID in the detail area of the Pension Maintenance form is cleared and the processed flag is changed to 0 (unprocessed). You must reset and rebuild the workfile to include these pension records.