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Financial Issues This forum is for discussing any of the financial issues involved in your divorce.

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  #11  
Old 11-29-2021, 09:20 AM
rockscan rockscan is offline
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Yep so that is full table and the only number that matters is his income. If he wants to get obnoxious and claim its a hardship then his new partners income comes into play. Bet he would love that one!!
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  #12  
Old 11-30-2021, 01:59 AM
Desperate_Dad Desperate_Dad is offline
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Quote:
Originally Posted by NewDay View Post
Hi,

I am looking at my paystub to figure out the child support amount and there are employer benefits do I have to count them as income?

-I put in $5000 to pension and so did my employer.


-I received money for eyeglasses


-I received money for the kids eye glasses that ex also benefited from.


thank you.
I see no one really answered your question. It sounds like you have a defined contribution plan. If that's the case, the 10,000 will appear on Line 20600 and 5,000 will appear on line 20700 so this is irrelevant to income for child and spousal support purposes.

Was there anything mentioned in your agreement about pension splitting? Or if don't you have an agreement yet, do they want to include it?

I was fortunate that her lawyer put nothing in the agreement about pension splitting (either CPP or company pension) and I wasn't about to tell them anything given how they tried to screw me so many times. So my CPP pension and my company pension are all mine.
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  #13  
Old 11-30-2021, 09:01 AM
rockscan rockscan is offline
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Default Child support calculation

Quote:
Originally Posted by Desperate_Dad View Post
I see no one really answered your question.
His question was answeredhe wanted to know if the money he gets back for benefits is income for child support. Its not.

Quote:
It sounds like you have a defined contribution plan. If that's the case, the 10,000 will appear on Line 20600 and 5,000 will appear on line 20700 so this is irrelevant to income for child and spousal support purposes.
Correct, not relevant for income calculations.

Quote:
Was there anything mentioned in your agreement about pension splitting? Or if don't you have an agreement yet, do they want to include it?

I was fortunate that her lawyer put nothing in the agreement about pension splitting (either CPP or company pension) and I wasn't about to tell them anything given how they tried to screw me so many times. So my CPP pension and my company pension are all mine.
This is an equalization argument. Pensions are split as part of the split of assets. Or rather, increases to pensions that occurred during marriage are considered during equalization. Her lawyer may have gotten you another way or she may have realized she was not entitled to it.

Last edited by rockscan; 11-30-2021 at 09:04 AM.
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  #14  
Old 11-30-2021, 01:02 PM
StillPaying StillPaying is offline
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CPP doesn't need approval and can be split well after trial if requested.

I'm curious about the $5k though. If $5k is taken from today's income to invest in your future pension, matched by employer which is great, why should ex/child suffer now? I could see the 5k (not matched 10k) still being used for support purposes.
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