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When you can receive payment of your benefits

Benefits are usually paid from age 65 or later if the pension sharing order is issued after then. You can elect to draw your pension credit benefits on or after age 60 and before age 65 with a reduction for early payment. 

However, if before your pension credit benefits are paid, you suffer from serious ill health where life expectancy is less than one year a one off lump sum payment equal to eight times the annual rate of the pension credit will be paid if the order was made before your ex-spouse/ex-civil partner retired, or five times the annual rate of the pension credit if the order was made afterwards.

If the pension is very small, it may be possible for it to be paid as a one off lump sum payment at age 65.

Your ex-spouse/ex-civil partner’s pension fund administrator will contact you when your benefits are due.

When paid, the pension will be taxed (if appropriate).  As your pension credit benefits are independent of your ex-spouse/ex-civil partner's LGPS benefits, a pension sharing order does not lapse if you remarry or enter into a new civil partnership or upon the death of your ex-spouse/ex-civil partner.

If you remarry or enter into a new civil partnership and that ends in divorce/disssolution, the pension credit could itself be subject to another pension sharing order.

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