Many people wonder how they divide up their Canada Pension Plan Credits after separation or divorce.
If you were the lower income earning spouse, it may be beneficial for you to apply for this division. If you were married, there is no time limit for applying unless your spouse dies, in which case, you must apply within 36 months of their death. If you were common law, you must apply within 48 months from your date of separation.
In some provinces (Saskatchewan, British Columba, Alberta, and Quebec), you can waive the division of CPP credits, but not in Nova Scotia.