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Pension Settlement re:spousal pension

Hi all. I have more than a half a shout at voluntary redundancy in the near future. I am 55 and stand to receive my LGPS pension without acturial reduction. This pension includes a spousal pension in the event of my clogs acquiring a status of 'Popped' eg, Fall under the wheels of a bus. The spousal pension after I stop breathing will be about £4000 However, the spousal pension is based upon the assumption that her age is within 3 years of mine. But the wife is 15 years younger than myself so I assume the pension chiefs would probably prefer to negotiate a different kind of deal. Does anyone know what kind of settlement they might offer in this situation?

Thanks.

Arthur

Reply to
Davao
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I my employer's scheme it makes no difference unless the spouse's age is more than 15 years different.

One thing I noticed with another (deferred) pension fro m a previous empoyer is that the widow's pension was conditional on the widow being the same person who was the wife at th time the controibutios were made. i.e. if you divorce and remarry after leaving the employer the woidows pension was lost.

Robert email me on laws at bcs dot org dot uk not on the listed address

Reply to
RobertL

Obviously schemes vary. I could re-marry and so long as my spouse was not more than 10 years younger she would get the 50% pension. I haven't found a taker yet. ;-)

Reply to
Gordon H

Take mine please.

Arthur

Reply to
Davao - Arthur55

In message , Davao - Arthur55 writes

OK, but could you hang on to her until after the World Cup?

Reply to
Gordon H

{sobbing} I 'd assumed such acts of gallantry were only found in history books.

Arthur

Reply to
Davao - Arthur55

These pension plans are helpful to old people.They have been adopted by varoius governments of world.

Reply to
lbs

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