Separation or divorce Open/Close Content. Because your pension is considered a family asset, it's important to understand how it's affected when you start, or end, a spousal relationship. Leaves of Absence Open/Close Content. Taking a leave from work Temporary part-time work arrangement (Fraser decision) Designating or changing beneficiaries Open/Close Content. Your pension may be one of your most significant assets and it comes with valuable survivor benefits to help protect your loved ones when you pass away. Health considerations Open/Close Content. LTIP new rules LTIP existing rules LTIP rules for OPP and PEGO Public bodies subject to LTIP existing rules Leaving the PSPP before retirement Open/Close Content. If you leave the Plan before retirement, you have a number of options available to you, including transferring your pension benefit to a new plan or leaving it in the PSPP.