If he contributes $7,000 to a spousal RRSP, his maximum contribution to his own RRSP will be limited to $3,000 for that year. Nevertheless, he will claim a total deduction of $10,000 in his tax return. Contribute to a spousal RRSP if you expect your retirement income to be higher than that of your spouse.
PIMS (production information management system) Also known as a âprocess information management system,â a PIMS is a client/server application for the acquisition, display, archiving and reporting of information from a wide variety of control, plant and business systems.
pi. in mathematics, the ratio of the circumference of a circle to its diameter. The symbol for pi is Ï. The ratio is the same for all circles and is approximately 3.1416. It is of great importance in mathematics not only in the measurement of the circle but also in more advanced mathematics in connection with such topics as continued fractions, logarithms of imaginary numbers, and periodic functions.