Tag: Act s. 67.3
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Ontario Passes Bill 132 & 138 re PBA Amendments
Ontario Bill 132, Better for People, Smarter for Business Act, 2019 and Bill 138, Plan to Build Ontario Together Act, 2019, received Royal Assent on December 10, 2019 . . .
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Ontario Bill 132 Includes PBA Amendments
Ontario introduced Bill 132, Better for People, Smarter for Business Act, 2019, for first reading on October 28, 2019. Bill 132 includes amendments to the Ontario Pension Benefits Act . . .
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Gallagher v. Gallagher, 2019 ONSC 1301 – Court Corrects Order re Application of Interest to Pension Transfer
Upon the breakdown of the Gallagher's marriage, Mr. Gallagher's Canadian Forces pension was valued at $812,825 with the Ms. Gallagher's interest being one half of this amount or $406,412.50. The actuary noted that while the Ontario Pension Benefits Act requires interest to be credited at an annual rate of 2% from the "Family Law Valuation Date" to the date of transfer, there was no equivalent provision in the Pension Benefits Division Act . . .
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FSCO Guideline re Administrative Penalties
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Ontario Final Regulation re Administrative Penalties
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Flashback: Heringer v. Heringer, 2014 ONSC 7291 – Applying Interest to Pension Division on Marriage Breakdown
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Stephens v. Stephens, 2016 ONSC 367 – Interpretation of PBA Pension Division
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