Is VPB eligible for pension income splitting and the $2,000 pension income amount?
Yes, at age 65 VPB income qualifies for income splitting with your spouse and the $2,000 pension income amount used for determining non-refundable tax credits. VPB income that a spouse receives as a result of the death of the member qualifies as eligible pension income (regardless of age) for income splitting and the $2,000 pension income amount.
