Pension Division Upon Marital Breakdown
Exception to pension division under current regulations
The December 17, 2003 finalization of the regulations contained a transitional provision, allowing for a choice in the form of Matrimonial Property Orders (MPOs):
- specifically, for MPOs filed with the Court and Alberta Pensions Services Corporation (APS) on or before December 31, 2009, members had a choice as to how to divide their pensions: in accordance with the 2003 Regulations (lump sum) or in accordance with the old regulations (division only upon the retirement, termination, or death of the member);
- for MPOs filed after December 31, 2009 there is no longer a choice: pensions must be divided in accordance with the regulations.
If you have a McAlister Matrimonial Property Order filed with APS and have any questions regarding the application of the order, please call our dedicated marriage breakdown unit at 780-391-3447.
If there is any discrepancy between the information on this website and the provisions of the Plans, the provisions of the Plans and applicable legislation will determine entitlements and options available.