For example, if the husband had a pension with a CETV of # 100,000, the wife could seek a capital sum of # 50,000 - the husband can not force her to
accept pension sharing instead, or a discounted capital sum.
Not exact matches
The current dispute dates back to a 2007 «cap and
share» agreement, in which teachers» unions agreed to
accept increased
pension contributions - so long as the government came up with evidence that the move is necessary.
The ancillary relief proceedings were eventually compromised and the consent order was made on 11 February 2007, whereby W
accepted the provision in full and final settlement of all her claims for lump sum, property adjustment and
pension sharing.
She agreed in evidence that she had
accepted the # 50,000 in the original order as her
share of H's
pension fund.