CPP Pension Splitting in Your Separation, Divorce or Family Law Case

  • Canada Pension Plan credits will generally be split after couples end their relationship.

  • Either spouse may apply to split CPP credits.

  • Alberta, British Columbia, Saskatchewan and Quebec allow CPP Credit splitting to be negotiated.

  • Contributions of both spouses to the Canada Pension Plan (CPP) is recognized as divisible property.

  • Automatic CPP Credit Split in Ontario

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How is CPP splitting calculated?Ken Maynard CDFA, Acc.FM

CPP splitting is calculated by adding the pensionable earnings together and dividing by two. This forms the permanent reallocation of pensionable earnings “credits” between spouses after a separation/divorce.

Is CPP credit splitting worth it?Ken Maynard CDFA, Acc.FM

CPP credit splitting can be beneficial in certain circumstances. It may help a lower earning spouse qualify for benefits and can affect the amount of any current or future benefits under the CPP program for both you and your former spouse or common-law partner.

Is CPP credit splitting mandatory in Ontario?Ken Maynard CDFA, Acc.FM

Yes, the Canada Pension Plan (CPP) credit split is generally automatic upon divorce or legal separation in Ontario.

Is my ex-spouse entitled to my CPP?Ken Maynard CDFA, Acc.FM

Yes, your ex-spouse may be entitled to a portion of your CPP through a process called credit splitting. This process is generally automatic upon divorce or legal separation in Ontario.

What happens to my CPP when I get divorced?Ken Maynard CDFA, Acc.FM

When you get divorced, your Canada Pension Plan (CPP) contributions can be split between you and your ex-spouse. This process is known as credit splitting and can affect the amount of any current or future benefits under the CPP program

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About the Author:
Ken Maynard CDFA, Acc.FM

I assist intelligent and successful couples in crafting rapid, custom separation agreements that pave the way for a smooth transition towards a secure future. This efficient process is achieved in about four meetings, effectively sidestepping the excessive conflicts, confusion, and costs commonly linked to legal proceedings. Clients have the flexibility to collaborate with me either via video conference or in-person through a DTSW associate at any of our six Greater Toronto mediation centers, located in Aurora, Barrie, North York, Vaughan, Mississauga, and Scarborough.

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Ken Maynard CDFA, Acc.FM