Pension Division on Relationship Breakdown 2023
Course Date: November 2, 2023
Total: 4h 45min
Total Ethics: 1h
Course Date: November 2, 2023
Course Introduction and Land Acknowledgement (9:00 – 9:15)
Nadia Myerthall — Program Lawyer, CLEBC, Vancouver
Colin Galinski — Galinski Pension and Benefits Law, Vancouver
Online Moderator: Beatrice C. McCutcheon — Cook Roberts LLP, Victoria
Taking Stock—Where We Are Today in BC and How Did We Get Here (9:15 – 9:45)
- overview of BC pension division system
- best practices to identify client pension entitlement
- history and future of Part 6 of the Family Law Act
Colin Galinski — Galinski Pension and Benefits Law, Vancouver
View from the Bench and Beyond (9:45 – 10:20)
- "do it yourself" or "hire an expert"
- the value of valuation
Peter Leask, KC — Vancouver
BREAK (10:20 – 10:35)
Bill 17 Amendments to Part 6 of the FLA: A Primer (10:35 – 11:20)
- expansion of entitlement to include the estate of a deceased spouse
- availability of commuted values transfers vs. periodic payment
- expansion of division of annuities and other retirement savings vehicles
Mark R. Slay — North Shore Law LLP, North Vancouver
Pension Administrator Insights and Tips (11:20 – 12:05)
- best practices and most common issues the Pension Corporation encounters when administrating pension divisions
- tips that will help family lawyers ensure a smooth pension division experience for their clients
Gillian Dabbs — Director, Policy — BC Pension Corporation, Victoria
Stephanie Griffith — Bilsland Griffith Benefit Administrators, Burnaby
NETWORKING LUNCH (provided to in-person registrants) (12:05 – 1:05)
Actuarial Advice and Services (1:05 – 1:50)
- pension valuation for compensation payment purposes (outside plan)
- estimates of pension or lump sum for member and spouse (within plan)
Stephen Cheng, FCIA, FSA — Managing Director & Senior Consulting Actuary, Westcoast Actuaries Inc., Vancouver
Drafting Tips and Traps for the Family Lawyer (1:50 – 2:35)
- identifying the pension—how to determine the applicable legislation and the available methods of division
- drafting provisions about pension division—when to use precedents and when to get help
Beatrice C. McCutcheon — Cook Roberts LLP, Victoria
BREAK (2:35 – 2:50)
Drafting Exercise: Group Reports and Discussion (2:50 – 3:50)
Colin Galinski — Galinski Pension and Benefits Law, Vancouver
Closing Remarks (3:50 – 4:00)
Colin Galinski — Galinski Pension and Benefits Law, Vancouver
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