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Service Canada PROTECTED B (when completed) Personal Information Bank ESC PPU 146 Cancellation of Pension Sharing for Canada Pension Plan Retirement Pension(s) It is very important that you: use a
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How to fill out cancellation of pension sharing
How to fill out cancellation of pension sharing:
01
Obtain the necessary forms: Contact your pension provider or the relevant government agency to request the cancellation of pension sharing forms. These forms may vary depending on your jurisdiction, so make sure you have the correct ones.
02
Gather required documentation: Collect all the necessary documents such as identification, marriage certificate or divorce decree, and any other supporting documents requested on the forms. Ensure that you have all the information needed to accurately complete the forms.
03
Read the instructions carefully: Thoroughly go through the instructions provided with the forms. This will help you understand the process and provide vital information on what needs to be filled out in each section.
04
Fill out personal information: Start by entering your personal details as requested on the forms. This typically includes your name, address, date of birth, and contact information. Make sure to double-check the accuracy of the provided information.
05
Provide pension details: Fill in the specifics of your pension plan, such as the account number, name of the pension provider, and any other relevant information required by the forms. It is essential to provide accurate details to avoid any delays in the cancellation process.
06
State the reason for cancellation: Indicate the reason for canceling the pension sharing arrangement. This could be due to a change in circumstances, a new agreement reached with your former spouse or partner, or any other valid reason allowed under the pension sharing laws of your jurisdiction.
07
Sign and date the forms: Once you have completed all the necessary sections, review the information provided and sign and date the forms as required. By signing, you are attesting to the accuracy of the information provided.
08
Submit the forms: Follow the instructions provided with the forms to submit them to the appropriate authority. This may involve mailing the forms or submitting them online. Make copies of all documents for your records.
09
Seek legal advice if necessary: If you are unsure about any aspect of the cancellation process, it is recommended to seek legal advice. A lawyer specializing in family law or pensions can provide guidance and ensure that you are correctly completing the forms.
Who needs cancellation of pension sharing?
01
Individuals who have divorced or legally separated from their spouse or partner and wish to cancel an existing pension sharing arrangement may need a cancellation of pension sharing.
02
Those who have reached a new agreement with their former spouse or partner that affects the division of pension benefits may require a cancellation of pension sharing.
03
Individuals whose circumstances have changed, making the initial pension sharing arrangement irrelevant or unfair, may also need to cancel the pension sharing arrangement.
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