Introduction

Module 8 - Divorce and Pension Benefits

At the end of this module you will be able to:

• Identify the three ways of dealing with assets on divorce 
• Describe the advantages and disadvantages of each method of dealing with assets on divorce
• Explain the process involved with pension sharing including pension debits and credits, internal and external transfers
• Understand the stages that members have to go through and the requirements at each stage

In this module you will see that there are three ways to deal with pension benefits on divorce and some of the advantages and disadvantages of each. 

A member may not have a choice if a PSO is issued but it is important that they understand the impact on their benefits whether they have a pension debit or credit applied.