A Pension Sharing Order has been made in my favour. Should I have checked when the benefits become payable?
Yes because the likelihood is that any entitlement will become payable at normal retirement age namely between 60 and 65 although some schemes may be willing to allow payment to start at an earlier date but they are not compelled to do so. Benefits under a personal pension policy can be taken at age 50 until April 2010.
Related Questions
- Going forward, how will pension and health care benefits associated with Special Early Retirements and Layoffs be affected?
- What is the excess payable under the Non Medicare Medical Costs Benefits of the Squash Australia policy?
- What happens if the person entitled to pension benefits dies before any Pension Sharing Order is made?
