How Do Pension Entitlements Work After Divorce Works in Canada?


Pension Claim of retirement depends on the relationship of ex spouse i.e. Married spouse or Common Law spouse. 

Several Factors can Impact the division like Length of the marriage, contribution to the marriage, Age and Health of spouses, Assets and Pre-existing Agreements. 

Different types of pensions—public, private, defined benefit, defined contribution, Canada Pension Plan (CPP), and Registered Retirement Savings Plans (RRSPs)—are subject to division under varying rules. Determining the value of pensions can be done using methods like the present value or division at the source.

The process involves several steps: requesting information, applying for pension benefits, and division of pension benefits. 

This Article also covers several frequently asked questions.

Due to the complexities, seeking legal advice is recommended.

Click here to read the full article.

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