Defined benefit
A defined benefit arrangement is a scheme which provides the member with a fixed entitlement at their retirement date.
Examples of this type of arrangement in the public sector could be the Police Scheme, Civil Service Pension Scheme, Armed Forces Pension Scheme, Local Government Pension Scheme or in the private sector could be final salary schemes, career revalued earnings (CARE) schemes or cash balance schemes operated by many private sector employers.
In most cases valuing these entitlements on divorce can be complex and we would recommend discussing your entitlement with one of our Pensions on Divorce experts to see how you might be affected and if a report would be of value.
