Pension Sharing on Divorce
Pension Sharing on Divorce was introduced in December 2000 under the powers in the Welfare Reform and Pensions Act 1999. In Scotland the primary legislation is contained with the Family Law (Scotland) 1985 (amended 2006).
As part of the divorce process the assets of a marriage are identified and agreement is reached about how these assets or their cash value, are to be shared. Pension rights accrued by either, or both parties, may now be shared.