FSRA: New guidance released on the administration of pension benefits on marriage breakdown

  • November 11, 2021

On November 9, 2021, FSRA released their final Guidance on the Administration of Pension Benefits Upon Marriage Breakdown outlining:

  • approach guidance to court proceedings and provisions in court orders, arbitration awards or domestic contracts that contravene the Pensions Benefits Act;
  • interpretation guidance on valuation, payment and division and survivor benefits.

FSRA has also released an updated guide on valuing and dividing pensions on marriage breakdown for members and their spouses.