\"shadow membership\"

www.wikivorce.com/divorce/Wikizine-Money...o-With-My-Share.html
"For example, some final salary schemes offer shadow membership whereby the same defined benefit rights generously apply to the new member...."
It's not a myth then????
How does "shadow membership" work - does the ex-spouse get a guaranteed pension income?
Any "worked examples" available?

Maggie... if you make that comment on the postbag of the mag, we can pass it on to the contributor so that he can give you a response.

Hi DL - well the debate started here really:- #167175 with Peter@BDM
"This is a good example of why I so dislike the phrase “shadow membership” in a pension sharing context. The shadow is often distorted by the facts and could easily mislead."
I have never heard of any ex-spouse getting the same benefit rights as the member through final salary pension sharing - it would be interesting to hear how that works in practice.

Ok - maybe the best thing for me to do is point our IFAs in that direction and get them to write a composite reply .

If there are any other pension articles you would like, let me know.

Sharing pensions in payment would be my nomination for the next pensions article- there is so little on tinternet - the fair sharing of the pension as a fruit of the marriage seems to be disregarded?

Ok, I will get on it with the guys and let you know when the articles go up.

Maggie, you might be able to help me on this one.

My ex has current lgps with CETV value currently of 5l,000. If I'm understanding it correctly he will get a lump sum upon retirement at 65 (hes now 58) of 34,000.

If I were to go for a pension share if the other assets were split sa 60/40 would pension split also be split accordingly. I'm 5l.

Also, if I obtained pension share then obviously his lump sum would reduce, but if I've understood his pension correctly I can become a member of this in my own right but my lump sum would be only 3 times my annual pension, which i've worked out to be about 2,000 per annum.

His lump sum and mine appear to be miles apart - have I totally misunderstood.

Any ideas.