March 23, 2021

BCLI recommends pension division reforms

BCLI has just published the Report on Pension Division: A Review of Part 6 of the Family Law Act, which calls for reforms to how pensions are divided between separating spouses. The report is the culmination of more than two years’ work by BCLI’s Pension Division Review Project Committee, which Read more…

December 12, 2019

2019 year in review for the Pension Division Review Project

Part 6 of the Family Law Act and the Division of Pensions Regulation set out the legal framework for dividing pension benefits after the breakdown of a spousal relationship. This legal framework first came into force in the 1990s and, like much of British Columbia’s family-law legislation, saw some significant Read more…

November 29, 2019

Review of Division of Pensions Regulation and administrative fees take centre stage at November 2019 meeting of the Pension Division Review Project Committee

At this month’s meeting of the BCLI Pension Division Review Project Committee the committee tackled two topics. First, it reviewed the Division of Pensions Regulation, including the forms prescribed under the regulation. Second, it examined the fees that may be charged by a pension-plan administrator to the parties in a Read more…

October 31, 2019

Pension Division Review Project Committee wraps up review of double-dipping, private annuities at October 2019 committee meeting

At its monthly committee meeting, BCLI’s Pension Division Review Project Committee completed its review of two topics that had figured in earlier committee meetings. The first topic involves something that has been informally called double-dipping. This may occur when a spouse receives a share of the other spouse’s pension benefits Read more…

September 20, 2019

Pension Division Review Project Committee examines double-dipping, limited membership at September 2019 committee meeting

At its monthly committee meeting, BCLI’s Pension Division Review Project Committee looked at two topics that could lead to recommendations for additions to part 6 of the Family Law Act. The first topic concerned a possible extension to an existing rule providing for no further entitlement to a spouse’s pension benefits after Read more…