Step 1 – Apply for a Statement of Family Law Value (FLV)

Deciding whether or not to divide your pension assets is an important decision. To begin this decision-making process, you may be required to obtain a valuation of your pension benefits (known as a Family Law Valuation).

To apply for a Statement of FLV, please complete a FSCO Family Law Form 1 - Application for Family Law Value on the FSCO website and send it to OMERS.

Here's how to complete Part B of the form:

form1_marriagebreakdown

Check your FSCO forms carefully before sending to OMERS!

Print the Top 5 Reasons for Delays and use it as a checklist.

Make sure you’ve included all the required documents listed in Part G of FSCO family Law Form 1. For example, most applications require a FSCO Family Law Form 2 - Joint Declaration of Period of Spousal Relationship.

Step 1 FAQs

Q: Who can apply?

A: An eligible applicant includes:

  • A member of the Plan who is active, deferred or retired at the FLV date.
  • A former spouse of the member (only legal marriage, not common-law relationship).

An eligible applicant does not include a common-law spouse of a member. In this case, the member must apply. This limitation is part of the legislation.

Q: Is there a fee?

A: The first Statement of FLV issued to you or your spouse on or after March 1, 2015 will be provided at no cost.

  • If you have more than one membership in the OMERS Plan, you or your spouse are still only entitled to one Statement of FLV.
  • If you request a Statement of FLV for more than one date, the first statement issued will be provided at no cost. The Statement of FLV for the second date would cost $600.
  • If you and your spouse are both members of the OMERS Plan, both you and your spouse are entitled to one free Statement of FLV in respect to your individual memberships.
  • Please make the cheque payable to OMERS Administration Corporation.

Q: When will OMERS send the Statement of FLV?

A: Within 60 days of OMERS receiving a completed application. (Applications are processed on a first-come, first-served basis.) If information is missing, OMERS will contact the applicant directly, or the designated contact person. OMERS cannot process statements for a future FLV Date (i.e., OMERS can only process statements after the FLV Date has occurred).

Important: When scheduling court dates or other meetings, keep in mind the 60-day processing time.

Review all of the information!

Submitting an incomplete application WILL significantly delay the process. Top 5 Reasons for Delays

FSCO Family Law Forms Reference Guide

FSCO Family Law Forms Reference Guide

Glossary of Terms

Glossary of Terms