Divorce Private Pension

[Angeldelight21]

Hello,

I'm wondering if I am entitled to any of my husband's company pension contributions paid during our marriage? It's a matching scheme so the company paid the same amount into the pension pot as my husband.

Does anyone have experience with this?

TIA

Pension pots are considered to be a marital asset. I received part of XDHs pension when we split.

My exH and I both had to apply to our pension companies for the current values. Then split them so we would end up getting roughly the same (mine were much smaller than his due to breaks for maternity & then going part-time so I got some of his and he got none of mine.)

You might be
it will be included In the pot available to share

It’s a marital asset so goes into the ‘pot’ to be shared, along with house equity, savings etc. you might prefer to trade the pension against more house equity, every case is different. If you’ve been married a long time and one of you has a significant pension pot it will almost certainly be shared. FWIW, I had a 25 year marriage and was awarded 90% house equity and shares in 3 of my ex’s 5 pension pots, I kept my own 2 pension pots. An actuary’s report was ordered at first hearing as ex had 3 ‘defined benefit’ pensions which are very valuable! I got £275k of his pension to add to mine which gave us ‘equality of income’ going forward. As I’m now 63 and considering retirement in the next year or so I’m very glad I did.

Not only are you entitled to a share (or a larger share of the other assets to compensate for not getting any if it), it may well be the largest financial asset of the marriage.