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Category Archives: Pension Benefits

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No More Carrigan

Posted in Beneficiary Designations, Common Law Spouses, Pension Benefits
The Ontario Court of Appeal released their decision in Carrigan v. Carrigan Estate (“Carrigan”) on October 31, 2012.  Carrigan drastically changed our understanding of the priority scheme for the payment of pre-retirement death benefits to surviving spouses under the Ontario Pension Benefits Act (“PBA”).  Carrigan was an important decision which dealt with the issue of … Continue Reading

Bill C-591: Manslaughter, Murder and the Canada Pension Plan

Posted in Beneficiary Designations, General Interest, Pension Benefits
On Monday June 9, 2014, Dave van Kesteren, the Conservative MP for Chatham-Kent-Essex, introduced Bill C-591, “An Act to amend the Canada Pension Plan and the Old Age Security Act (pension and benefits)”. The Bill seeks to plug a loophole in the Canada Pension Plan and the Old Age Security Act which allows persons who … Continue Reading

The Proposed Made-In-Ontario Pension Plan

Posted in In the News, Pension Benefits, Uncategorized
Election season in Ontario has resulted in a proposal for a province wide pension plan to supplement the Canada Pension Plan (“CPP”). The Liberals’ proposal for The Ontario Retirement Pension Plan (“ORPP”) involves employee contributions of 1.9% of their annual income up to $90,000.00 a year, which will be matched by their employers.   It is … Continue Reading

How will you fund your retirement?

Posted in Pension Benefits
According to a recent survey by the Bank of Montreal, many Canadians expect their retirement to be funded by the Canada Pension Plan (CPP), inherited wealth and/or lottery winnings, rather than personal savings.  Approximately 90% of those interviewed expressed that they expected the CPP to cover post-retirement living expenses, despite an average monthly payment of … Continue Reading

Carrigan v. Carrigan Estate: Implications for Pension Administrators

Posted in Pension Benefits
The recent Ontario Court of Appeal decision in Carrigan v. Carrigan Estate (“Carrigan”) has radically altered our understanding of the priority scheme for payment of pre-retirement death benefits to surviving spouses under Ontario’s Pension Benefits Act (“PBA”).  We have previously discussed the estate law and family law implications of Carrigan (see our blog postings here … Continue Reading

Carrigan Revisited

Posted in Pension Benefits
Yesterday, Nadia M. Harazymowycz blogged about a recent Ontario Court of Appeal decision which brought together the worlds of family and estate law. Today, I turn to a somewhat more detailed look at that case and its potential impact on estate litigation. Carrigan v. Carrigan Estate dealt with the issue of who, as between a … Continue Reading

Is Your Pension Plan Enough?

Posted in Pension Benefits
I can recall various conversations with my grandparents about what it’s like to live into your 80s and 90s. The responses varied on the day and the specific topic of discussion, but there was always an undercurrent that life was worth living, and that extending life was a good thing. The dreams you have for your ‘elder … Continue Reading
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