Pension Attachement

Question 1

What is Pension Attachment also known as?

Answer 1

Pension Earmarking

Question 2

What does Pension Attachment mean?

Answer 2

A share of the Members pot is earmarked for later life for the Ex Spouse/CP

Question 3

What are 3 drawbacks?

Answer 3

Ex/Spouse/CP could lose it if they re-marry or the Member dies before retirement.
3. Have to wait until the member decides to retire