There are several things to know when it comes to your pension and a divorce or separation.
If you separate or divorce, it is very important that you contact us as soon as possible.
It is suggested that you find an independent, professional representative who can give you legal advice about pension division and marital breakdown. You and your representative can also view detailed information about this topic here.
Pensions are considered matrimonial property which can be divided. It is very important to note that not every separation or divorce results in a member's pension being divided. You and your former spouse can agree that other assets of equal value can cover anything owed, or you and your spouse might agree not to divide anything at all, which would leave your MEPP pension unaffected.
In order to divide a MEPP pension, we require a court-certified matrimonial property order (MPO) that complies with the Plan rules. Please provide us with a draft order to review so we can make sure that we can follow the terms of the order.
Whatever you and your former spouse decide to do regarding your MEPP pension, please let us know as soon as possible.