Human Resources Legislative Update
Bill 133 (Asset Division on Marriage Breakdown) – Q & A Posted
Date: September 29, 2011
In anticipation of January 1, 2012, when new legislation related to the division of pension assets on the breakdown of a spousal relationship comes into force, the Financial Services Commission of Ontario (“FSCO”) has published a Question and Answer guide (“Q & A”) for members of the public.
As previously reported, the pension division and valuation reforms were outlined in Bill 133, the Family Statute Law Amendment Act, 2009.