...
Where a member makes contributions following the end of the period of leave, either a revised Pension Adjustment (PA) or a certifiable Past Service Pension Adjustment (PSPA) will be required depending on the situation. If lump sum contributions are made before April 30** of the year following the period of leave/period of reduced earnings, the additional contributory service is included in the member’s PA and you will need to report an amended PA for any prior year(s), if applicable. Otherwise, HOOPP will report a certifiable PSPA to CRA and the member. The member’s RRSP room will be reduced by the PA(s) or PSPA.
*Please note: The CRA has announced a temporary extension to the member contribution deadline for eligible periods of leave or reduced pay that ended in 2019. For such members, the regular April 30, 2020 deadline that permits a PA (rather than a certifiable PSPA) to be reported has been extended to June 1, 2020.
This means that you should report an amended PA(s) for any members whose eligible period of leave or reduced pay ended in 2019 where such contributions were made by June 1, 2020. For members with leaves ending in 2020, the regular deadline of April 30, 2021 continues to apply in determining whether a PA or PSPA is reported.
In addition, HOOPP has temporarily extended the timeline for members to make pension contributions following a leave of absence. The regular timeline of six months from the end of a leave has been extended to 12 months and applies to all leaves of absence.