How does division under the PBDA differ from the Canada Pension Plan (CPP) credit-splitting arrangements?
A. Under the CPP, pension credits are actually split and the appropriate portion transferred to the other spouse. Under the PBDA, a lump-sum payment is made from the relevant superannuation account. Addresses and phone numbers for further inquiries can be found in the leaflet “The Pension Benefits Division Act: Program Overview.” Please contact: Distribution Centre Corporate Services Branch Treasury Board of Canada 300 Laurier Avenue West Ottawa, Ontario K1A 0R5 Tel.
