P.S.O. where amount received drastically reduced.

Albermarle

Marcon said:

Albermarle said:

Generally I was under the impression ( maybe wrongly) that PSO for a DB pension, usually resulted in both parties getting a share of the pension income, as opposed to a % of the CETV ?
Or maybe it is different for public sector schemes as opposed to private ones ?

That's earmarking.

Pension sharing could result in the ex being allowed to keep their benefits in the original scheme, in which case they'd effectively get a 'share' in the pension income, but many schemes require an ex to transfer out.

Thanks. I had been looking at the Teachers Pension for pension sharing rules ( for a friend) . It seems that a CETV is provided to aid the general sharing out of assets between the divorcing spouses, but any pension sharing order will only result in a share of the income accrued so far. There seems to be no possibility of a cash transfer out with the TPS.