Calculation of Surplus Income including pensions
July 13th, 2015 by Questions
I’m looking for answers of how to determine the calculation of surplus income including pensions. Unfortunately, bankruptcy is going to be inevitable in my situation. I have not spoken to a trustee. Not retired I only receive an employee pension, CPP and OAS as my sole household income. Combined, the pension amounts exceed the 2015 single household surplus income limit of $2,062. Will I be required to pay out of my pensions any amounts that are above the 2015 limit? Thanks.