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Retirement pensions, superannuation and annuities, including those from RRSPs and RRIFs
Part A - Plain language definition:
Regular income received as a pension from a former employer, or in the form of an annuity or payment from a Registered Retirement Income Fund (RRIF) or a matured Registered Retirement Savings Plan (RRSP).
Part B - Detailed definition:
Refers to all regular income received by the respondent during calendar year 2005 as the result of having been a member of a pension plan of one or more employers. It includes payments received from all annuities, including payments from a Registered Retirement Income Fund (RRIF), a matured Registered Retirement Savings Plan (RRSP) in the form of a life annuity, a fixed-term annuity, or an income-averaging annuity contract; pensions paid to widow(er)s or other relatives of deceased pensioners; pensions of retired civil servants, Armed Forces personnel and Royal Canadian Mounted Police (RCMP) officers; annuity payments received from the Canadian Government Annuities Fund, an insurance company, etc. Does not include lump-sum death benefits, lump-sum benefits or withdrawals from a pension plan or RRSP, or refunds of overcontributions.
