Enter pension details for both parties to calculate sharing orders
| Scheme | From → To | PSO % | Credit (£) | Annual Income Loss / Gain (£) |
|---|
| Scheme | Type | Before Sharing | PSO Applied | After PSO |
|---|---|---|---|---|
| Total pension income | - | - | - |
| Scheme | Type | Before Sharing | PSO Applied | After PSO |
|---|---|---|---|---|
| Total pension income | - | - | - |
This offset has been calculated in accordance with the principles set out in PAG2 – Guide to the Treatment of Pensions on Divorce, and is intended to provide a clear, explainable basis for discussion and disclosure. It is indicative only and not expert evidence.
The value of the retained pension rights has been assessed using a Defined Contribution Fund Equivalent (DCFE) approach, on the assumption that no Pension Sharing Order is implemented. This reflects the capital sum that would be required to provide an equivalent level of retirement income.
(PAG2 paragraphs 7.22–7.25)An adjustment has been applied to reflect the likely tax payable when pension benefits are ultimately drawn. For the purposes of this calculation, tax has been assumed at:
This produces a post-tax equivalent value suitable for comparison with non-pension capital.
(PAG2 paragraphs 7.30–7.35)No further adjustment has been made for differences in liquidity, access, or perceived "utility" between pension and non-pension assets. Any such adjustment is a matter for judicial discretion and has not been applied within this calculation.
(PAG2 paragraph 7.38)The resulting offset figure represents the indicative amount of non-pension capital that would be required to compensate for the retention of pension rights on the above basis.
This is an indicative calculation and not expert evidence. Payment of £100 is processed securely with Stripe.