290. Inalienability of occupational pension.

(10)     Assignment, Forfeiture and Alienability

290.     Inalienability of occupational pension.

Subject to the following exceptions, where a person is entitled to a pension under an occupational pension scheme1 or has a right to a future pension2 under such a scheme:

  1.  

    (1)     the entitlement or right cannot be assigned, commuted or surrendered3;

  2.  

    (2)     the entitlement or right cannot be charged or a lien exercised in respect of it4; and

  3.  

    (3)     no set-off can be exercised in respect of it5,

and an agreement to effect any of those things is unenforceable6.

Where by virtue of these provisions a person's