No, The pension plan contains provisions prohibiting any assignment, sale or attachment of this pension benefit. It cannot be used as security for a loan. In the two circumstances noted below, a Court Order or Matrimonial Property Order or Agreement may be issued to assign or attach your pension entitlement. The Employment Pension Plans Act contains specific rules for dividing pensions on marriage breakdown. The Act gives the spouse the right to have his or her share of the Member’s pension entitlement (which cannot exceed 50% of the entitlement earned during the period of marriage) transferred out of the pension plan at the time of a marriage breakdown. You should consult a lawyer about your rights and responsibilities int eh event of a marriage breakdown. The Maintenance Enforcement Act contains provisions that provide for the potential attachment of an individual’s entitlement if they have unpaid child maintenance payments.