Pension Sharing Order - Index Linked?

suemacd22

When my (police officer) ex-husband and I divorced in 1998, I was awarded a pension sharing order which comes in fluition in a little over 2 years time.  Would this have been index-linked or worth the same as when it was awarded? 

flaneurs_lobster

Short answer, yes.

Unless there were some unusual or specific terms that were agreed at the time, a standard PSO would follow the terms of the pension being shared, at the point at which it becomes payable and going forward.

Marcon

suemacd22 said:

When my (police officer) ex-husband and I divorced in 1998, I was awarded a pension sharing order which comes in fluition in a little over 2 years time.  Would this have been index-linked or worth the same as when it was awarded? 

If it was a Pension Sharing Order, the pension will have increased in value since it was awarded - you will have become something known as a 'pension credit member' which means you'll be treated as having a pension in the scheme 'in your own right'. This will be similar to a 'normal' deferred pension scheme member, but with a few exceptions. If you have a look at the paperwork you will have received from the scheme, it will explain what these are.

But if you divorced in 1998 (?could your date be a typo), are you sure it's not an Earmarking Order? PSOs only came into effect for divorce proceedings filed on or after December 1, 2000.