Below you will find a high-level process map showing the various steps involved should you get divorced and your DB Section benefits are included in a pension sharing order. For further information please refer to the Divorce guide.
Click on the numbers below to reveal more information about each step.
If you are going through a divorce, you will need to provide information about your Scheme Pension. You can request a divorce pack, which will provide all the information from the Administration Team.
On request, the Administration Team will send you a divorce pack which includes all the information you will require.
You simply pass the divorce pack to your solicitor, it should contain all the information he or she requires.
Once your divorce is finalised the Court will confirm how your pension should be shared (if this is the course of action agreed). The Court will provide a formal document which instructs the Trustee what proportion of your pension should be shared with your ex-Spouse or ex-registered Civil Partner.
Simply send the PSO to the Administration Team.
The Administration Team will provide confirmation of how the PSO affects your Scheme pension. They will also confirm what fees are payable by you and/or your ex-Spouse or ex-registered Civil Partner.
You and/or your ex-Spouse or ex-registered Civil Partner pay the fees.
Your record is updated to reflect the terms of the PSO.
A payment is made from the Scheme directly to the approved arrangement nominated by your ex-Spouse or ex-registered Civil Partner. The value of your benefits are reduced to reflect this.
You will receive confirmation the process has been completed and the payment has been made. Please allow four months from date on which all requirements are satisfied.
If you’re going through a divorce you’ll need to provide information about your Scheme Pension. You can request a divorce pack (containing all the information you’ll need) from the Administration Team. This will be issued to you within ten working days of the date on which the Administration Team receives your request.
Please note, if your benefits are complex they may need to be reviewed by the Scheme Actuary, which can add up to two weeks to the process. You should then pass the pack onto your solicitor.
If the agreed course of action is that your pension should be shared, the Court will provide a Pension Sharing Order. This document instructs the Trustee on the proportion of your Scheme Pension to be shared with your ex-Spouse/Civil Partner.
The divorce pack details all requirements for implementing the pension share (including provision of the Pension Sharing Order and payment of fees) and the implementation of the order will be completed within four months of the date on which all requirements are satisfied.