What is the equalization of net family properties when a pension is valued by lump sum?
Canada (Federal), Canada
The following excerpt is from Boston v. Boston, [2001] 2 SCR 413, 2001 SCC 43 (CanLII):
33 Once a pension is valued, there are different ways in which the equalization of net family properties can be implemented. With respect to pensions, the two methods are the “lump sum” and the “if and when” method (see Best v. Best, 1999 CanLII 700 (SCC), [1999] 2 S.C.R. 868). The issues in the present case arise when a pension is equalized by lump sum, the method chosen by the parties in this appeal. B. The Double Recovery Problem
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