Income Tax Regulations — 8304
SPA of the individual that is associated with the past service event is determined under subsection (5), the amount, if any, by which (i) the portion of the value determined for B in subsection 8303(3), for the purpose of determining the individual’s provisional PSPA with respect to the employer, that can reasonably be considered to be attributable to benefits provided in respect of the period exceeds (ii) the portion of the value determined for A in subsection 8303(3), for the purpose of determining the individual’s provisional PSPA with respect to the employer, that can reasonably be considered to be attributable to benefits provided in respect of the period. Reinstatement of Pre-1997 Benefits (6) Where lifetime retirement benefits have, as a consequence of a past service event, become provided to an individual under a defined benefit provision of a registered pension plan in respect of a period that (a) was previously pensionable service of the individual under the provision, (b) ceased to be pensionable service of the individual under the provision as a consequence of the individual ceasing before 1997 to be a member in relation to the provision, and (c) has not, at any time after 1996 and before the past service event, been pensionable service of the individual under a defined benefit provision of a registered pension plan, each provisional PSPA of the individual that is associated with the past service event shall be determined as if all benefits provided to the individual under the provision before 1997 in respect of the period had been provided to the individual under another defined benefit provision of a registered pension plan in relation to which the individual has not, at any time after 1996, been a member. Two or More Employers (7) Where (a) lifetime retirement benefits (in this subsection referred to as “past service benefits”) provided to an individual under a defined benefit provision of a registered pension plan as a consequence of a past service event are attributable to employment of the individual with two or more employers (each of which is, in this subsection, referred to as a “current employer”), and (b) subsection (5) would, but for paragraph (5)(b), apply in respect of the determination of each provisional PSPA of the individual that is associated with the past service event, each such provisional PSPA shall be determined in accordance with the formula set out in subsection (5), except that (c) in determining the amount A, (i) the former benefits of the individual shall be considered to be attributable to employment of the individual with the individual’s current employers, and (ii) the portion of the former benefits attributable to employment with each current employer shall be determined by the administrator of the pension plan under which the past service benefits are provided in a manner that is consistent with the association of the past service benefits with each current employer, (d) the amounts B and C shall be included in computing only one provisional PSPA of the individual, as determined by the administrator of the pension plan under which the past service benefits are provided, and (e) the amount D that is deducted in computing the individual’s provisional PSPA with respect to a particular employer shall equal such portion of the individual’s qualifying transfers made in connection with the past service event as is not deducted in computing the provisional PSPA of the individual with respect to any other employer. (8) [Repealed, SOR/99-9, s. 7] Specified Multi-employer Plans (9) Except in subparagraph (4)(b)(i), a reference in this section to a defined benefit provision of a registered pension plan at any time does not, unless expressly provided, include a defined benefit provision of a plan that is, at that time, a specified multi-employer plan. Individual Pension Plans (10) If there is a past service event in relation to a defined benefit provision under an individual pension plan, the p