Since I've now reached a grand old age,and am ready to draw income on the above,I've recieved a letter from the pensions scheme that I have been credited with the following benefits-
*-A pension of **** gross per annum
*-Spouses pension of **** gross per annum
Why 2 seperate pensions,and what is the 'spouses pension' ?
I don't think so...this is my seperate pension that is a share of his-it was part of our divorce settlement.
I am supposed to get further information soon as regards to the details of the benefits.
Okay- well maybe he initially had a pension which included a provision for a spouse's pension in the event of his death; but as you are divorced that isn't needed so maybe some sort of consolidation took place , and then the amount was split between you and him in the agreed proportion. So the letter is just explaining how the amount of your pension has been calculated from the two elements.
But you might as well wait for the detailed info.