Pension Division
Upon marriage breakdown couples typically divide their marital assets, this includes pension benefits accrued during their period of marriage. Our office is available to assist couples through this process as it relates to HRM pension benefits.
Overview for HRM Plan Members
As a Plan member, if your relationship ends, your former spouse may be entitled to a portion (up to 50%) of the pension benefits you earned while you were married and a member of the pension plan.
If you already have a court order or separation agreement, which provides for a division of your pension benefits, please ensure that you send a copy to the HRM Pension Plan Office as soon as possible. If you do not already have a court order, you should contact your legal representative to obtain one.
A court order or separation agreement must:
- Provide for the division of the HRM Pension Plan benefit in accordance with the Nova Scotia Pension Benefits Act;
- Identify the date of marriage or start of the common law relationship;
- Specify the date of separation;
- Identify the percentage (up to 50%) of the pension accrued during the period of marriage payable to the spouse or common law partner
After we receive your court order, your record will be updated in our system. When you leave the Plan (due to termination, retirement, or death) your pension benefit will be adjusted to reflect the proportion that is payable to your former spouse.
In accordance with the Nova Scotia Pension Benefits Act, a fee of up to $650 will be payable to the HRM Pension Plan for processing a pension division.
Should you have any questions about this process, please contact our office.
How to Make a Claim as a Former Spouse
If you are the former spouse of a member of the HRM Pension Plan and wish to find out more information about any associated benefits you may be entitled to, please follow the steps outlined below: