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KembaraXtra – Legal Terms – Pension Attachment Order
A pension attachment order is a court order made during divorce or judicial separation proceedings relating to pension benefits.
The order directs that part of one spouse’s pension benefits be paid to the other spouse when the pension becomes payable.
The arrangement was formerly known as pension earmarking.
Payments under the order usually end upon the death of the main pension holder.
The order is a form of financial relief intended to achieve fairness between separating spouses.
A pension attachment order is a court order made during divorce or judicial separation proceedings relating to pension benefits.
The order directs that part of one spouse’s pension benefits be paid to the other spouse when the pension becomes payable.
The arrangement was formerly known as pension earmarking.
Payments under the order usually end upon the death of the main pension holder.
The order is a form of financial relief intended to achieve fairness between separating spouses.
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