LGPS and Divorce or Dissolution of a Civil Partnership
You may wish to get legal advice from your solicitor on how to deal with your LGPS benefits during any divorce or dissolution of a civil partnership and you and your partner will need to consider how to treat your pension rights as part of any divorce/dissolution settlement.
You will need specific information about your LGPS benefits as part of the proceedings for divorce or dissolution of a civil partnership. You may need to contact Bedfordshire Pension Fund to ask for a Cash Equivalent Transfer Value (CETV) and the court will take this value into account in the divorce / dissolution settlement.
You are usually entitled to one free CETV each year, unless you are already in receipt of your pension, in which case charges may apply. Any other costs for supplying information or complying with a Court Order will be recovered from you and/or your ex-spouse or ex-civil partner in accordance with a schedule of charges available from Bedfordshire Pension Fund.
The court may offset the value of your pension rights against your other assets in the divorce/dissolution settlement or it may issue a Pension Sharing Order or an Earmarking Order against your pension. Read more about the pension sharing options
The following will apply to your LGPS pension benefits after divorce/dissolution:
- Your ex-wife, ex-husband or ex-civil partner will cease to be entitled to a widow’s, widower’s or civil partner’s pension should you die before them.
- Any children’s pension paid to an eligible child in the event of your death will not be affected by your divorce or dissolution.
- If you have previously said that you would like your now ex-wife, ex-husband or ex-civil partner to receive any lump sum death grant payable on your death you will need to complete a new expression of wish form in order to change these details. The Court may, however, issue an Earmarking Order stating that all or part of any lump sum death grant is payable to your ex-spouse or ex-civil partner.
Please contact us if you have any questions or would like further information.