What is a pension transfer (c.e.t.v) is this the amount i will get when divorced?

what is a pension transfer (c.e.t.v) is this the amount i will get when divorced?|||You need to look on the divorce papers or ask your solicitor that dealt with the divorce if applicable because it could mean anything but it will be stated on the documents|||There is really useful, clear and straightforward information on pensions and divorce at:





http://www.pensionsadvisoryservice.org.u鈥?/a>





If you follow this link, it will also give you telephone and contact details for the Pensions Advisory Service, a free, expert impartial service for members of the public with pension queries or problems.|||The CETV is the Cash Equivalent Transfer Value, which is the prescribed basis for calculating the current cash value for a pension, in order for it to be split amongst the two or used to offset other assets.





In your case, depending where you got this number, it is most likely the total amount to be split by the certain percentage you each are entitled to. This amount might seem lower than it should be because the CETV method assumes the pension member will leave service on the valuation date and will not include other spouses pension rights.