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Canada Revenue Agency |
Agence du revenu du Canada |
Protected B when completed | ||||||||
| Employee Contributions to a Foreign Pension Plan or Social Security Arrangement for 2018 – Non-United States Plans or Arrangements |
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| Complete Part A of this form if you contributed in 2018 to a social security arrangement in any of the following countries: | |||||||||||
| Chile | Finland | Germany | Ireland | Lithuania | Slovenia | Switzerland | |||||
| Estonia | France | Greece | Latvia | Netherlands | Sweden | ||||||
| Complete Part B of this form if you contributed in 2018 to an employer-sponsored pension plan in any of the following countries: | |||||||||||
| Chile | Estonia | Germany | Italy | Netherlands | Sweden | Venezuela | |||||
| Colombia | Finland | Greece | Latvia | Slovenia | Switzerland | ||||||
| Ecuador | France | Ireland | Lithuania | South Africa | United Kingdom | ||||||
| The Canadian Competent Authority has to agree that social security arrangements generally correspond to the Canada Pension Plan (CPP) and that foreign pension plans generally correspond to a Canadian registered pension plan (RPP). For more information on eligible social security arrangements and eligible foreign employer-sponsored pension plans, go to canada.ca/en/revenue-agency/services/tax/international-non- residents/guidance-taxpayers-requesting-tax-treaty-relief-cross-border-pension-contributions. For information on how to contact the Canadian Competent Authority (Legislative Policy Directorate), go to canada.ca/en/revenue-agency/services/tax/international-non- residents/competent-authority-services/who-we-contact-us. |
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| If you participated in your employer's retirement plan in the United States, see Form RC267, Employee Contributions to a United States Retirement Plan for 2018 – Temporary Assignments, and Form RC268, Employee Contributions to a United States Retirement Plan for 2018 – Cross-Border Commuters. |
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| A statement from your employer or the plan administrator will indicate the amount of your contributions. Do not send us this statement, but keep it in case we ask to see it at a later date. |
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| Report all amounts in Canadian dollars. To get the average exchange rates, go to bankofcanada.ca/rates/exchange. | |||||||||||
Part A – Contributions to a social security arrangement |
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| Complete this part if you made contributions to an eligible social security arrangement. These contributions may be eligible for a 15% non-refundable tax credit. In addition, you may be able to claim a deduction in Part B for any contributions in excess of those eligible for the tax credit. |
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| If all of the following conditions are met, you can proceed with the calculation of the non-refundable tax credit below: | |||||||||||
| • | You were participating in the arrangement 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 no more than 60 months (48 months for Finland). |
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| • | The eligible contributions are deductible only in the year in which 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. |
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| Calculating the non-refundable tax credit | |||||||||||
| CPP pensionable earnings (box 26 of all your T4 slips) | 1 | ||||||||||
| Earnings for services performed in Canada on which the social security contributions were made | 5118 | + | 2 | ||||||||
| Line 1 plus line 2 | = | 3 | |||||||||
| CPP basic exemption | – | 4 | |||||||||
| Line 3 minus line 4 | (maximum $52,400) | = | 5 | ||||||||
| Employee CPP contribution rate | x 4.95% | 6 | |||||||||
| Multiply line 5 by 4.95% (your CPP contribution limit). | = | 7 | |||||||||
| Amount of CPP contributions from line 308 of Schedule 1 | – | 8 | |||||||||
| Line 7 minus line 8 | = | 9 | |||||||||
| Amount contributed to a social security arrangement for earnings reported on line 2 above | 5119 | 10 | |||||||||
| Enter the amount from line 9 or line 10, whichever is less. | 5120 | 11 | |||||||||
| How to make your claim | |||||||||||
| Include the amount from line 11 when you calculate the amount on line 335 of your Schedule 1. If you are completing Schedule 11, include this amount when you calculate the amount on line 5 of your Schedule 11. Do not include any amount of social security contributions when you calculate line 308 of Schedule 1. |
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| On provincial/territorial forms (excluding those for Quebec), include the amount from line 11 when you calculate line 5880 on your Form 428. If you are completing Schedule S11, also include this amount when you calculate any line where field 5824 forms part of the calculation. If you performed employment services in Quebec, contact Revenu Québec at revenuquebec.ca/en. |
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| If the amount you entered on line 10 is more than the amount you entered on line 11, you may choose to complete Part B. | |||||||||||
| RC269 E (18) | (Ce formulaire est disponible en français.) | ||||||||||