If your spousal relationship ends after retirement
If your spousal relationship ends after you retire, your former spouse may become entitled to a portion of your pension as part of the equalization process under the Family Law Act (Ontario). Pension law will permit up to 50% of the pension earned during the period of the marital relationship to be paid to your former spouse for the equalization of family property. If your former spouse decides to claim a portion of your pension, your monthly pension will be divided in accordance with applicable pension laws and the terms of your settlement (i.e. court order, family arbitration award, domestic contract). Your former spouse is not entitled to receive their share as a lump sum.