Issue: |
Sub-Issue 1: |
Sub-Issue 2: |
Sub-Issue 3: |
earnings |
retirement allowances |
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|
Summary:
Paid upon separation from Johnson Controls in 6-85 in addition to other monies. Not a retirement pension. Entire amount rolled over into 3 RRSPs, so claimant had total control.
Issue: |
Sub-Issue 1: |
Sub-Issue 2: |
Sub-Issue 3: |
earnings |
income |
nature of monies |
|
Summary:
The fact that the employer referred to the payment as "retiring allowance" is not conclusive of the proper categorization of the monies. I agree with CUB 5810 that their true nature must be examined. There is a clear indication that it is a retirement allowance.