What about My Pension?
The Ontario scheme for division of property is somewhat similar to other Canadian provinces and seeks to divide up all of the property of the married spouse. Pensions are matrimonial property and the value of the pension increase during the marriage, that is, from the date of the marriage to the date of separation, is to be included into the marriage property to be divided.
Lawyers normally have experts on call to value this asset for the purposes of distribution.
Very often the only sizable asset that can be traded by the other spouse is the matrimonial home and quite often this is the basis of property resolution in many breakups.
In appropriate situations, pensions will be divided between the parties at retirement.
Phone us at 519-256-2500
Please note: If you are involved in a matrimonial dispute, we
strongly recommend that you retain a lawyer to represent
you at the first possible opportunity;
This site and this note are designed only to acquaint you with a
few (and only a few) of the issues that may affect you.
It is not intended as legal advice on any specific case.
You are well advised to retain the services of an
experienced lawyer as soon as possible.