Fred has worked for an advertising company in British Columbia since May 5, 1986. His employment was terminated on August 31, 2013, and he was paid a $47,000.00 retiring allowance. His company did not have a pension plan, a pension fund or a deferred profit sharing plan.

Calculate the eligible portion of the retiring allowance based on Fred's service. Your answer:

Answer rating: 100% (QA)

Solution Retiring allowance 47000 Allowance eligible for transfer From ... View the full answer