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Contact Name Suite No. Province Postal Code area code Fax Number Form 5- Application to Withdraw or Transfer Money from an Ontario Locked-in Account Approved pursuant to the Ontario Pension Benefits Act R.S.O. LIRA Locked-in retirement account LIF Life income fund Updated 2010/01/01 FSCO 1167E -I Pensions- Instructions for Form 5 Page 1 of 7 How to Complete the Application Before completing any Part of the application please read all of these i.

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A common-law spouse is entitled to claim a division of CPP pension credits that accumulated during the relationship, provided that they have cohabited for at least a year. For all other pensions, the traditional rules of family property apply, and common-law spouses do not have an automatic right to them.

Pension contributions are referred to as “credits.” When married couples separate or divorce, the credits the spouses have accumulated over the course of their marriage are divided equally between them in a process referred to as “credit splitting.” If the spouses' earnings during the marriage were equivalent, there ...

Family Law Value: The total value of the pension accrued during the relationship. Spouses can, but do not have to, use up to 50% of this value to equalize Net Family Property.

The purpose of FSCO Form 7 is for applicants to provide information to the Financial Services Commission of Ontario (FSCO) regarding their financial situation, assets, liabilities, and personal circumstances.

Relative Value is a comparison of the total value of an alternative payment option as a percentage of the plan's normal payment option. This calculation is made using certain assumptions like average life expectancies and interest rates.

Your spouse may be entitled to up to 50% of the value of the pension you earned during your relationship.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232