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(Calculation Of PAs And PSPAs) in each of the following independent Cases, calculate the Pension Adjustment (PA) or Past Service Pension Adjustment (PSPA) that would be reported by the employer: Case A John Brokow's employer sponsors both a defined contribution RPP and a DPSP. He is a member of both. During 2020, his employer contributes, on his behalf, $3,200 to the RPP and $1,100 to the DPSP. In addition, Mr. Brokow contributes $1,500 to the RPP. His employment earnings for 2020 are $120,000. Calculate his 2020 PA. Case B Sarah Halfhill's employer sponsors a defined benefit RPP and, during 2020, contributes $3,100 on her behalf. Sarah also contributes $3,100 to the plan in 2020. The plan provides a benefit equal to 1.65 percent of pensionable earnings for each year of service. Sarah's pensionable earnings for 2020 are $52,000. Calculate her 2020 PA. 492 Chapter 10 Assignment Problems Case C Bob Carver has worked for his current employer since 2018. In January 2020, this employer institutes a defined benefit RPP, with benefits extended for all years of service prior to the inception of the plan. The benefit formula calls for a retirement benefit equal to 1.1 percent of pensionable earnings for each year of service. In the current year and both previous years, Bob's pensionable earnings were $48,000. Calculate his 2020 PSPA and PA Case D Marianne Underwood has worked for her current employer since 2018. She has been a member of her employer's defined benefit RPP during all of this period. In January 2020, her employer agrees to retroactively increase the benefit formula from 1.4 percent of pensionable earnings for each year of service to 1.7 percent of pensionable earnings for each year of service. In the current year and both previous years, Marianne's pensionable earnings were $52,000. Calculate her 2020 PSPA and PA. (Calculation Of PAs And PSPAs) in each of the following independent Cases, calculate the Pension Adjustment (PA) or Past Service Pension Adjustment (PSPA) that would be reported by the employer: Case A John Brokow's employer sponsors both a defined contribution RPP and a DPSP. He is a member of both. During 2020, his employer contributes, on his behalf, $3,200 to the RPP and $1,100 to the DPSP. In addition, Mr. Brokow contributes $1,500 to the RPP. His employment earnings for 2020 are $120,000. Calculate his 2020 PA. Case B Sarah Halfhill's employer sponsors a defined benefit RPP and, during 2020, contributes $3,100 on her behalf. Sarah also contributes $3,100 to the plan in 2020. The plan provides a benefit equal to 1.65 percent of pensionable earnings for each year of service. Sarah's pensionable earnings for 2020 are $52,000. Calculate her 2020 PA. 492 Chapter 10 Assignment Problems Case C Bob Carver has worked for his current employer since 2018. In January 2020, this employer institutes a defined benefit RPP, with benefits extended for all years of service prior to the inception of the plan. The benefit formula calls for a retirement benefit equal to 1.1 percent of pensionable earnings for each year of service. In the current year and both previous years, Bob's pensionable earnings were $48,000. Calculate his 2020 PSPA and PA Case D Marianne Underwood has worked for her current employer since 2018. She has been a member of her employer's defined benefit RPP during all of this period. In January 2020, her employer agrees to retroactively increase the benefit formula from 1.4 percent of pensionable earnings for each year of service to 1.7 percent of pensionable earnings for each year of service. In the current year and both previous years, Marianne's pensionable earnings were $52,000. Calculate her 2020 PSPA and PA

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