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Teacher Pensions

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Kettle.pot
Posted by
Junior Member

28 Mar 24 #522784 by Kettle.pot

Topic started by Kettle.pot

Both my wife and myself were teachers. My wife persuaded me to take out my Teachers Pension early to get the lump sum and monthly cash. 8 years later we are divorcing.
My question is - I now have a dramatically reduced pension which my wife has enjoyed the benefits of for 8 years. She has left hers in place (or she can now get it early with the lump sum) so will now get a large pension and lump sum - of which I won't benefit from.

Can I get some of her pension? (we taught for the same number of years although she is younger than me)

hadenoughnow
Moderator

29 Mar 24 #522792 by hadenoughnow

Reply from hadenoughnow

The usual approach to pension sharing is to seek to equalise incomes in retirement based on the pension pots in place at the time of settlement. So yes, if her pension is much bigger than yours you could well be entitled to some of it.

Hadenoughnow

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