The Ontario Government recently amended the family law provisions of the Pension Benefits Act. These amendments will come into effect on January 1, 2012. The changes establish a new process for the valuation and division of pension assets following the breakdown of a spousal relationship. The new process requires the pension plan administrator to calculate the value of the pension, provides for immediate division, and mandates the use of Superintendent of Financial Services approved forms throughout the process. To that end, the Financial Services Commission of Ontario (FSCO) has developed proposed family law forms to be used in the various steps in the new process. FSCO intends to finalize the forms and post the final versions by December 31, 2011. The proposed forms can be found on FSCO’s website.