Scenario 1: Say you have an RPP with 50-50 employee / employer. T4 Box 52 contains $10K total. T4 Box 20 RPP contains $5K total. You should not add back the 5K that your personally contributed on line 208. (You should not receive a receipt slip)ml88888888 wrote: ↑Mar 17th, 2017 5:12 pmYour first statement is correct only for a RPP(i.e. a normal define benefit or define contribution pension plan) which the matching amt is not included as a taxable income on the T4 for the year(i.e. not shown on box 40 and not included in box 14 of T4)). But then you don't get a contribution receipt for a RPP. So your second statement is only correct for a group RRSP plan.
If you have a group RRSP plan which the matching contribution is included in the box 14(employment income) and box 40, then you should get a RRSP contribution receipt(he is getting one as he said he got 2 receipts) and deduct it. Otherwise you will be taxed twice for the matching contribution(i.e. as taxable income now and taxed as taxable income when you withdraw) without deduction when it is put into RRSP now.
The only time it would be included in your T4 box 52, pension adjustment is if the matching contribution is not included in box 14(employment income) which is how is reported for a normal RPP(registered pension plan).
That is the difference between a RPP & a group RRSP. You must have one of them. Do you know which one do you have from your work place?
On Scenario 2: say you have a company that matches 50-50 but only vested after 2 years of service. The company nicked Box 52 for 5K (50% of the contributions). They would issue RRSP slips and correctly file them in BOX 208. I am assuming the PA and the BOX 208 would be double counted if you leave the company before 2 years as they removed their contribution. Is there recourse to go back and have your PA adjusted?