Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
gtew30
New Member

Does my pension income classify as being employed?

 
1 Reply

Does my pension income classify as being employed?

Hi gtew30! Pension does classify as employment under certain conditions: 

Pension income resulting from any employment is considered earnings for benefit purposes. These include:

  • employer pension plans, including employment as a member of the Armed Forces or any police force. This also applies to pensions from employment in another country, whether or not the employment was insurable
  • the Canada Pension Plan, and
  • the Quebec Pension Plan

However, pension income resulting indirectly from employment does not always constitute earnings. In the following cases, all or part of the pension is not considered to be earnings:

  • the pension of an individual who requalifies for EI benefits after the date on which payment of the pension begins, or
  • disability pensions from employment as well as disability pensions from the Canada Pension Plan or Quebec Pension Plan

For more information, please visit: https://www.canada.ca/en/services/benefits/ei/various-types-earnings.html

 

Good luck!