Income Tax Regulations — 8510
regate of all amounts each of which is, for an individual and an employer where the pension credit of the individual for the year with respect to the employer under a benefit provision of the plan is greater than nil, the compensation of the individual from the employer for the year, except that this condition does not apply for years before 1992 in the case of a pension plan that is a grandfathered plan; (b) where the plan contains a money purchase provision, (i) the plan terms are such that, if subsection 147.1(9) of the Act were applicable in respect of the plan, the plan would not under any circumstances become a revocable plan at the end of the year pursuant to that subsection, or (ii) if the plan terms do not comply with the condition in subparagraph (i), the only circumstances that would result in the plan becoming a revocable plan at the end of the year pursuant to subsection 147.1(9) of the Act, if that subsection were applicable in respect of the plan, are circumstances acceptable to the Minister; and (c) no contributions are made (i) to the plan with respect to a member at any time after the end of the calendar year in which the member attains 71 years of age, or (ii) to a defined benefit provision of the plan with respect to a member during a period (other than a qualifying period , as defined in subsection 8503(16)) in which the member is in receipt of retirement benefits from a defined benefit provision of the plan. Purchase of Additional Benefits (8) Where, in the case of a pension plan that is a specified multi-employer plan in a calendar year, (a) the amount of lifetime retirement benefits provided under a defined benefit provision of the plan to each member is determined by reference to the hours of employment of the member with participating employers, (b) the plan permits a member whose actual hours of employment in a period are fewer than a specified number of hours for the period to make contributions to the plan in order to increase, to an amount not exceeding the specified number of hours for the period, the number of hours that are treated under the provision as hours of employment of the member in the period, and (c) the specified number of hours for a period does not exceed a reasonable measure of the actual hours of employment of members who render services throughout the period on a full-time basis, the condition in paragraph 8503(3)(a) does not apply in respect of such portion of the lifetime retirement benefits provided under the provision to a member as is determined by reference to hours acquired by the member as a consequence of contributions made to the plan in the year by the member, as described in paragraph (b). Special Rules – Member-funded Pension Plans (9) Where a pension plan (other than a specified multi-employer plan) is a member-funded pension plan for the purposes of Division IX of the Regulation respecting the exemption of certain categories of pension plans from the provisions of the Supplemental Pension Plans Act of Quebec (R.Q., c. R.-15.1, r. 2), as amended from time to time, (a) paragraph 8502(c) shall in its application in respect of the plan be read without reference to subparagraph (iii); (b) the prescribed conditions for the registration of the plan include the following conditions: (i) the plan terms are such that each contribution to be made by a member under a defined benefit provision of the plan would be an eligible contribution under subsection 147.2(2) of the Act if (A) the contribution were made by an employer who participates in the plan for the benefit of the member, and (B) this subsection were read without reference to paragraph (c), (ii) unless this condition is waived by the Minister, the plan is maintained pursuant to a collective bargaining agreement, (iii) the plan is not, and it is reasonable to expect that the plan will not become, a designated plan, and (iv) the amount of benefits provided to members, the amount of contributions required to be made by