A
anna hardina
Guest
CanadaIn brief, I need a pension issue researched.
Specifically, my client's husband had his pension valued at age 62, 63.5 and 65. He was then fired from his employment after 37 years w/ cause and took his pension at age 55.
His counsel is refusing to have the pension re-valued for the purpose of equalization. My argument is that because equalization has not yet occurred, the fact that he is in receipt of his pension, the current value should be used to calculate the NFP.
Married 37 years; separated November 1, 2000; fired w/ cause October 2002; now in receipt of pension - 2003.
His counsel argues that retirement at 55 was not in contemplation at the date of separation and therefore not foreseeable that he would be fired and take early retirement.
Specifically, my client's husband had his pension valued at age 62, 63.5 and 65. He was then fired from his employment after 37 years w/ cause and took his pension at age 55.
His counsel is refusing to have the pension re-valued for the purpose of equalization. My argument is that because equalization has not yet occurred, the fact that he is in receipt of his pension, the current value should be used to calculate the NFP.
Married 37 years; separated November 1, 2000; fired w/ cause October 2002; now in receipt of pension - 2003.
His counsel argues that retirement at 55 was not in contemplation at the date of separation and therefore not foreseeable that he would be fired and take early retirement.