Questions and Answers About Pension Division on the Breakdown of a Relationship in British Columbia (2015-2016) - British Columbia Law Institute https://www.bcli.org British Columbia Law Institute Thu, 06 Jan 2022 19:46:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.bcli.org/wp-content/uploads/BCLI-Logo_Favicon-36x36.png Questions and Answers About Pension Division on the Breakdown of a Relationship in British Columbia (2015-2016) - British Columbia Law Institute https://www.bcli.org 32 32 BCLI forms project committee to review pension division under part 6 of the Family Law Act https://www.bcli.org/bcli-forms-project-committee-to-review-pension-division-under-part-6-of-the-family-law-act/?utm_source=rss&utm_medium=rss&utm_campaign=bcli-forms-project-committee-to-review-pension-division-under-part-6-of-the-family-law-act Thu, 21 Feb 2019 16:00:33 +0000 https://www.bcli.org/?p=16046 The British Columbia Law Institute has formed a new project committee to assist it in carrying out its Pension Division Review Project. The committee will review part 6 of the Family Law Act, the Division of Pensions Regulation, and allied legislation and will help BCLI to form recommendations to reform the Read more

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]]> The British Columbia Law Institute has formed a new project committee to assist it in carrying out its Pension Division Review Project. The committee will review part 6 of the Family Law Act, the Division of Pensions Regulation, and allied legislation and will help BCLI to form recommendations to reform the law.

The members of the project committee are:

Colin Galinski—Chair
  Galinski Pension and Benefits Law Corp.		 Cynthia Callahan-Maureen
     BC Ministry of Finance
Stephen Cheng
     Westcoast Actuaries Inc.		 Stephanie Griffith
     Bilsland Griffith Benefit Administrators
Darryl Hrenyk
     BC Ministry of Attorney General		 Gail Johnson
     BC Financial Institutions Commission
Hon. Peter Leask, QC
     Peter Leask, QC, Barrister & Solicitor		 Margaret H. Mason, QC
     Norton Rose Fulbright Canada LLP
Beatrice C. McCutcheon
     Cook Roberts LLP		 Jacqueline G. McQueen
     Aaron Gordon Daykin Nordlinger LLP
Michael J. Peters
     BC Financial Institutions Commission		  

 

This project allows BCLI to build on past work concerning pension division, including its 10-year review of earlier legislation and its educational resource on the current law, Questions and Answers About Pension Division on the Breakdown of a Relationship in British Columbia.

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“It has been just over five years since part 6 came into force,” noted committee chair Colin Galinski. “I’m pleased to be working with this expert committee to examine how part 6 is working in practice and to consider ways to improve it.”

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]]> BCLI Issues 4th Edition of Questions and Answers About Pension Division on the Breakdown of a Relationship in British Columbia https://www.bcli.org/bcli-issues-4th-edition-of-questions-and-answers-about-pension-division-on-the-breakdown-of-a-relationship-in-british-columbia/?utm_source=rss&utm_medium=rss&utm_campaign=bcli-issues-4th-edition-of-questions-and-answers-about-pension-division-on-the-breakdown-of-a-relationship-in-british-columbia Thu, 30 Mar 2017 21:25:02 +0000 https://www.bcli.org/?p=13762 BCLI has issued the 4th revision of its publication Questions and Answers About Pension Division on the Breakdown of a Relationship in British Columbia.  Among the most frequently accessed resources on the BCLI website, Questions and Answers is widely used by family law practitioners, pension plan administrators, and estate planners Read more

The post BCLI Issues 4th Edition of Questions and Answers About Pension Division on the Breakdown of a Relationship in British Columbia first appeared on British Columbia Law Institute.

]]> BCLI has issued the 4th revision of its publication Questions and Answers About Pension Division on the Breakdown of a Relationship in British Columbia.  Among the most frequently accessed resources on the BCLI website, Questions and Answers is widely used by family law practitioners, pension plan administrators, and estate planners as a source of detailed answers to technical questions dealing with pension division.  The general public also finds Questions and Answers equally helpful as a source of basic information about the treatment of pensions in a division of family property following breakdown of a marriage or long-term marriage-like relationship.

The 4th revision reflects the new BC Pension Benefits Standards Act and its regulations that came into force in September 2015.  It also contains updates to reflect recent case law on the application of the pension division provisions of the Family Law Act.

Questions and Answers was last updated in 2013 to reflect the changes made by the Family Law Act.  The Family Law Act made pensions belonging to persons in long-term marriage-like relationships subject for the first time to division on breakdown of the relationship, like pensions belonging to legally married spouses who separate or divorce.  The new Pension Benefits Standards Act that came into force in 2015 substantially revised the law governing pension plans and benefits, and also made incidental amendments to the Family Law Act.

As with the previous revisions of Questions and Answers, BCLI worked closely with Thomas G. Anderson QC of Anderson Pension Law Consulting, the author of the first version published in 1997.  Mr. Anderson also conferred with other pension law experts in completing the 4th revision.   BCLI acknowledges with gratitude the assistance of Mr. Anderson and his colleagues in the field of pension law in keeping this very popular publication up to date with developments in the law

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