"My spouse has a substantial pension. Will I get a share of it in the divorce agreement?" by Ken Nathens

Pensions are often very important assets that parties may hold on the date of separation. Often pensions, next to a matrimonial home, may be the most important or most valuable assets that people have. On separation, it is important to determine the value of the pension. The way to do this generally is that the parties will retain an actuary who is an expert in the value of pensions. Once the pension is valued, its value is taken into account when determining the equalization payment or amount that one party may owe to the other on separation in settlement of property issues. Therefore, though you may not receive one half of the pension or a proportion of the pension itself, its value is very important in determining matrimonial-property division.