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NHS pension and divorce
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Panda07
Posts: 5 Forumite
Continuing nhs pension after divorce.
Due to losing 50% in divorce settlement.
Read all around the nhs forum and still unsure if it’s 50% of my pension now and then completed.
Or 50% of my pension at retirement.
Can’t afford a solicitor so just asking for any information. Or experience on this.
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Comments
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My understanding is that a line is drawn and the split of the pension is done at that point. Any pension you accumulate after that point is yours alone.
Is there more than 1 type of pension you are eligible to join with the NHS? You may be in an older (possibly better) scheme and there may be a different newer (possibly career average?) scheme you can move to. That might help make a clean break in what was shared and what won't be. Perhaps?
Your pension scheme administrators have no doubt dealt with many pension sharing orders and will be able to advise you on how things will work in the future for you. It would be a shame to miss out on such a great pension due to uncertainty.
Surprised your ex doesn't have any pension anywhere. No nest pension or similar? That would need to be shared as well.I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
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Check your state pension on: Check your State Pension forecast - GOV.UK
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⭐️🏅😇0 -
Link below.
https://www.nhsbsa.nhs.uk/member-hub/divorce-or-dissolution-civil-partnership-and-your-pension
Have a thorough read,0 -
Are you getting proper advice from a solicitor with relevant knowledge and experience? It doesn't sound like it - and the position may not be as bad as you fear. Suggesting that you leave your scheme after the divorce/clean break settlement has been finalised is insane.josie1974 said:Has anyone got a clue how the pension sharing order works!I’m questioning leaving my NHS pension after this divorce is settled so I don’t put more money into the pot for my ex to have. (Both earn the same).It’s a clean break house equity divided and my pension.So I have reluctantly agreed a 50% on my pension. Ex don’t have one.Will this be my overall pension or what it is valued now?I have another 17yrs to go yet before I claim my retirement.Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!2
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