Financial and Consumer Affairs Authority of Saskatchewan

FCAA is Saskatchewan’s financial and consumer marketplace regulator.

Relationship breakdown rules

  • Relationship breakdown rules

    A division can occur only on the breakdown of a spousal relationship and in accordance with a court order or interspousal agreement made pursuant to The Family Property Act. A division cannot occur if there has not been a breakdown in the spousal relationship. The pension plan administrator cannot act on any other direction than that given by a court order or interspousal agreement.

    The division of pension benefits is not mandatory. The couple may prefer, or the courts may order, a division of family property in such a manner that the member's or former member's pension benefits remain intact.

    The member must maintain a prescribed minimum interest in the plan so as to not unduly change the employee-employer relationship. A division of pension benefits must not reduce the commuted value of the member's benefits to less than 50% of the commuted value of the member's benefits prior to the division.

    For more information regarding division of pension benefits on breakdown of a spousal relationship read the Division bulletin.

    Pensions Division

    Suite 601, 1919 Saskatchewan Drive

    Regina, Saskatchewan S4P 4H2

    Tel: (306)787-7650

    Fax: (306)798-4425

    Email: pensions@gov.sk.ca

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