RC269 - fill out and auto calculate/complete form online

Protected B when completed

	Part A – Contributions to a foreign social security arrangement (continued)
	Monthly proration table for 2023
	Number of months		Maximum CPP pensionable earnings	Maximum basic CPP exemption ⁽¹⁾		Number of months	Maximum CPP pensionable earnings			Maximum basic CPP exemption ⁽¹⁾
	1		$5,550.00	$291.67		7	$38,850.00			$2,041.67
	2		$11,100.00	$583.33		8	$44,400.00			$2,333.33
	3		$16,650.00	$875.00		9	$49,950.00			$2,625.00
	4		$22,200.00	$1,166.67		10	$55,500.00			$2,916.67
	5		$27,750.00	$1,458.33		11	$61,050.00			$3,208.33
	6		$33,300.00	$1,750.00		12	$66,600.00			$3,500.00


	Calculating your non-refundable tax credit

	CPP pensionable earnings (box 26 of all your T4 slips)										1
	Earnings related to the foreign social security contributions made for services performed
	in Canada								51180	+	2
	Line 1 plus line 2				(maximum $66,600) ⁽²⁾					=	3
	CPP basic exemption				(maximum $3,500) ⁽²⁾					–	4
	Line 3 minus line 4									=	5
	Employee CPP contribution rate									x 5.95%	6
	Line 5 multiplied by the percentage on line 6 (your CPP contribution limit)									=	7
	CPP contributions from line 30800 of your return								8
	CPP enhanced contributions on employment income from line 22215
	of your return							+	9
	Line 8 plus line 9							=	►	–	10
	Line 7 minus line 10									=	11
	Amount contributed to a foreign social security arrangement
	for earnings reported on line 2 above								51190		12
	Enter whichever is less: amount from line 11 or line 12.								51200		13
	How to make your claim
	Include the amount from line 13 when you calculate the amount to enter on:
	•	line 33500 of your return
	•	line 12 of your Schedule 11, if applicable
	Do not include any amount of foreign social security contributions when you calculate the amount to enter on line 30800 of your return.

	For provincial and territorial forms (excluding Quebec):
	•	Include the amount from line 13 when you calculate the amount to enter on line 58800 of your Form 428.
	•	If you are completing the provincial or territorial Schedule S11, include the amount from line 13 when you calculate any line that has line 58240 in the calculation.
	•	If you performed employment services in Quebec, contact Revenu Québec at revenuquebec.ca.
	If the amount you entered on line 12 is more than the amount you entered on line 13, you may choose to complete Part B on the next page.

(1) If you started receiving CPP retirement benefits in 2023, your basic exemption may be prorated by the CRA.
(2) Maximum CPP pensionable earnings and the basic exemption should be prorated according to the number of months entered on line A of Part A. See the monthly proration table above to find the amount that corresponds to the number of months entered on line A of Part A.

RC269 E (23)					Page 3 of 4

Protected B when completed

Part B – Contributions to a foreign employer-sponsored pension plan

Complete this part if (a) or (b) applies to you:

(a)

You contributed to an eligible foreign employer-sponsored pension plan and all of the following conditions are met:

•

You were participating in the plan on a regular basis just before you began performing services in Canada

•

The contributions are attributable to services you performed in Canada and were made during the period you performed
the services

•

The remuneration that you received for those services is taxable in Canada

•

The total period during which you made contributions while you were temporarily residing in Canada is not more than
60 months (48 months for Finland)

•

The eligible contributions are deductible only in the year that they were made and only to the extent that they would
qualify for tax relief in your home country if you had been a resident and performed the services in that country

(b)

The amount you entered on line 12 of Part A is more than the amount you entered on line 13, and you choose to claim a
deduction for the excess contributions to an eligible foreign social security arrangement ⁽³⁾

Calculating your deduction

Amount of your 2023 contributions to the foreign employer-sponsored pension plan

51210

Complete lines 2 to 4 if (b) applies. If not, enter "0" on line 4 and continue at line 5.

Line 12 from Part A

Line 13 from Part A ⁽⁴⁾

–

Line 2 minus line 3

Line 1 plus line 4

Your resident compensation in 2023 ⁽⁵⁾

51220

Rate

x 9%

Line 6 multiplied by the percentage on line 7

Money purchase limit ($31,560) x 50%

Enter whichever amount is the least: line 5, line 8, or line 9.

Add this amount to the amount on line 20700 of your return. ⁽³⁾

Pension adjustment

If you participated in a foreign employer-sponsored pension plan and received a T4 slip, your employer should have
reported a pension adjustment (PA) to the CRA. Enter on line 20600 of your return the total of all amounts shown in
box 52 of your T4 slips. The PA will reduce your registered retirement savings plan (RRSP) contribution room for 2024.

If you are making a claim for your excess foreign social security contributions or if you did not receive a T4 slip showing
your PA, calculate and report it as follows:

Your resident compensation in 2023 (5)

Rate

x 18%

Line 11 multiplied by the percentage on line 12

Money purchase limit for 2023

Enter whichever is less: amount from line 13 or line 14.

Add this amount to the amount on line 20600 of your return.

51230

(3)

Any resulting claim that you choose to include on line 20700 of your return for excess foreign social security contributions will
eliminate all RRSP deduction room that would otherwise be created due to this employment income.

(4)

If you are contributing to a registered pension plan (RPP) or a deferred profit sharing plan (DPSP), you cannot claim the
excess foreign social security contributions.

(5)

Your resident compensation for 2023 is the total of your salaries, wages, and other amounts from your employment with
the employer, excluding amounts that are exempt from income tax in Canada according to a tax convention or agreement.

See the privacy notice on your return.

RC269 E (23)

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