What is the "commuted value methodology" used to calculate pension losses?
Alberta, Canada
The following excerpt is from Deputat v. Edmonton School District No. 7, 2006 ABQB 549 (CanLII):
However, a number of different methods of calculating pension losses have been used. The Defendant acknowledged that the courts have used various “rough and ready” methods for calculating pension losses but submits that the correct method is the “commuted value methodology.” The Defendant cites Peet v. Babcock & Wilcox Industries Ltd., supra, as authority.
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