We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Forces pension / Earmarking help please.
firesidemaid
Posts: 2,137 Forumite
hello.
i'm posting this query on behalf of a friend, and have had a good search on the internet generally first. i have also read the forces divorce pension guide, but still have a query.
if a forces pension percentage has been earmarked for an ex-spouse and is now due to be started/paid are there any 'rules' re. the age of the ex-spouse? ie. does the ex-spouse receive this money as per agreement OR only if they are over a certain age?
nowhere is any age documented for the ex-spouse, but this seems to now potentially be an issue. any help greatfully received.
i personally would have thought it shouldn't matter o/wise if a forces pensioner had a much younger ex-spouse, they might never receive any money?!
i'm posting this query on behalf of a friend, and have had a good search on the internet generally first. i have also read the forces divorce pension guide, but still have a query.
if a forces pension percentage has been earmarked for an ex-spouse and is now due to be started/paid are there any 'rules' re. the age of the ex-spouse? ie. does the ex-spouse receive this money as per agreement OR only if they are over a certain age?
nowhere is any age documented for the ex-spouse, but this seems to now potentially be an issue. any help greatfully received.
i personally would have thought it shouldn't matter o/wise if a forces pensioner had a much younger ex-spouse, they might never receive any money?!
0
Comments
-
The ex spouse has to be of pensionable age i.e she has to be due her own state pension. Before that time, it sits in a seperate account.
The bloke loses the % immediately, but the money isn't payable until the ex is owed her own pension having worked the requisite number of years.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.8K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards