Partition of a pension plan
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.
The section presents the rules applicable to partition of a pension plan, including:
For the plan administrator
Where the Supplemental Pension Plans Act applies, the administrator is required to follow its rules. If the Act does not give entitlement to partition, the administrator cannot decide to carry out partition anyway, since benefits are unassignable. However, the plan may provide for a calculation method that leads to a lesser reduction of the member's residual benefits.
Most of the rules presented in this section are provided for in the
Regulation respecting supplemental pension plans .
For more information