Pensions on divorce - calculation of pension debit

United Kingdom

The DSS have published some illustrative examples on the calculation of pension debits (the deduction from the member's benefits on divorce as opposed to a pension credit which is what the former spouse receives).

Examples are given of debits in both final salary and money purchase schemes and for active, deferred and pensioner members in each.

The worked examples may prove very helpful for scheme administrators when faced with their first pension sharing orders.

Copies of the guide can be found at:

For further information, please contact Mark Grant by e-mail at [email protected] or by telephone on +44 (0)20 7367 2325.