By participating in the Desjardins Group Pension Plan (DGPP), your RRSP deduction limit is automatically reduced. The value of the pension you accumulate in the plan is used by the Canada Revenue Agency (CRA) to adjust your RRSP deduction limit.
How does it work?
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• Each year, a
Pension adjustments (PA) is calculated to reflect this value.
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• This PA reduces your RRSP deduction limit for the following year.
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• The CRA applies this adjustment in your Notice of Assessment.
What do you need to do?
Nothing. Your RRSP deduction limit shown in your Notice of Assessment already takes the PA into account.
Example for 2026
Here is an example of how the RRSP deduction limit is calculated. This example applies to a person whose salary at Desjardins is $65,000 and is their only source of income.