Divorce and Pension
One way of dividing pension in divorce is this: The family court will issue a Pension Sharing Order which will dictate the amount of money to be given to each person. It should be noted this is rarely a split for half each. The amount will be a percentage of the overall value of the pension, as opposed to a fixed lump payment. This means, should the pension be valued higher or lower than predicted, the share will be proportionate to this. Read full article on Divorce and Pension.
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