Partition of benefits
Newsletter number 32,
Amendments to the Regulation respecting supplemental pension plans effective 4 January 2018, as well as
division V – Transfer of benefits between spouses of the
Regulation respecting supplemental pension plans, to find out the rules for partition applicable to spouses in a civil union, the changes to the payment methods applicable to the former spouse, and the calculation of member benefits after partition.
In this section, plan administrators will find the main directives governing the partition of benefits accumulated in a pension plan after the breakdown of a conjugal relationship.
This section presents 4 topics. The first covers the general principles which apply even when the member's benefits are not subject to the
Supplemental Pension Plans Act. The other topics deal only with benefits subject to the Act.
Basic principles of matrimonial law - The main rules in the Civil Code governing the valuation and partition of property as well as details concerning de facto (common law) and civil union spouses.
Valuation of a pension plan - Precise information about the valuation of benefits accumulated in a pension plan and the statement of benefits for partition.
Partition of a pension plan - A simple presentation of the main rules that apply to partition: the contents of the application for partition, how partition is carried out and calculation of the member's benefits after partition.
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