Taxes and your pension

Find answers to questions about taxes and your pension, whether you are still working or a retired member.

Tax information for active members

Learn about your pension and income taxes, including what you need to know about pension adjustment amounts and your RRSP contribution limit.

Tax information for retired members

Your pension is taxable income, and we will deduct federal and provincial income tax from your monthly pension payment. You may be able to reduce the total income tax you pay by splitting your pension income with your spouse.

What is your pension adjustment amount?

You can find the amount of your pension adjustment on your T4, T4A or T10 information slip.

Your tax slip (T4A or NR4) as a retired member

Each year, we’ll mail you a tax slip by the end of February that provides the information you need to file your income tax return.