Process Overview

There are four steps in the process related to the division of pension benefits.

Step 1: Request for Estimate on Division of Pension Benefits

You may request an estimate of the maximum transferable amount allowed for division before making an application. You can request an estimate even if you are not yet separated or divorced. Refer to the Next Page - Request for Estimate section for specific details, including required documents and forms.

Step 2: Application for Division of Pension Benefits

The application for division of pension benefits is the process for an eligible applicant to formally request a division of the plan member's pension benefits, accumulated during the period subject to division, as stated in a Court Order, written Agreement or supplementary documentation.

Refer to the Application for Division section for specific details, including required documents and forms.

Step 3: Division of Pension Benefits and Payment

Once the application is approved, the division payment is transferred into a locked-in registered retirement vehicle chosen by the recipient. In some cases, a portion of the payment may be paid directly to the recipient and taxed at source. Refer to the Division and Payment section for specific details.

Step 4: Adjustment to the Plan Member's Pension Benefits

After the division payment has been transferred to the recipient's locked-in registered retirement vehicle, the plan member's pension benefit is adjusted to reflect the division of pension benefits. We will notify the plan member of the resulting adjustment.

Refer to the Adjustment to the Plan Member's Pension Benefits section for specific details.

Process Workflow and Time Frame

Refer to the Process Workflow section for specific details in respect of the division of pension benefits and associated time frame.

Next Page - Request for Estimate