We are haggling the equalization amounts and essentially the only asset accumulated during the course of our marriage was my pension. The mediator calculated the equalization payment based on my pension amount less debts owing, divided by two. The pension amount was arrived at by basically taking the number on the report I get from the insurance company who handles it for my employer at the date of separation.
Admitedly, I am fantastically pension dumb - I have no clue how it all works. Is the amount on my report the number which should be used?
Also, despite the fact that I don't actually have access to my pension money until I retire, the equalization payments have to start pretty much immediately, right?
Admitedly, I am fantastically pension dumb - I have no clue how it all works. Is the amount on my report the number which should be used?
Also, despite the fact that I don't actually have access to my pension money until I retire, the equalization payments have to start pretty much immediately, right?
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