Family Law related FAQs - Waiver of Joint and Survivor Pension

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Q1300. Under the new pension valuation and division rules, can a former spouse of a retired member waive his/her right to the joint and survivor pension after retirement?

 
A1300. Yes, but only in cases where there has been a breakdown in a spousal relationship in accordance with section 67.4(8) of the Ontario Pension Benefits Act [New Window].
 
The waiver must be included in the spouses’ Settlement Instrument (court order, family arbitration award, or domestic contract). -03/2012
 
 
 
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2017 Fourth Quarter - Estimated Solvency Funded Status of Defined Benefit Plans in Ontario

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