How do I enter a temporary bridge pension?
Where to find it: INCOMES → Add Income → Defined benefit bridge pension
Add a separate income in INCOMES and choose Defined benefit bridge pension. Enter the bridge’s gross annual amount and start date, and review its indexing independently from the lifetime pension. MRA automatically sets this income type to end the month before the recipient turns 65, overriding an entered end date.
Keep only the continuing pension amount in the regular Defined benefit pension entry. For example, if the total is $40,000 before 65, including a $7,000 bridge, enter $33,000 as the regular pension and $7,000 as the bridge. Entering $40,000 plus a separate $7,000 bridge would overstate the income.
Run TIME MACHINE and check the income around the bridge’s end date. CPP/QPP and OAS begin according to their own settings; ending the bridge does not set their start dates.