I have read through all the pension valuation posts on here but was not sure on the length of marriages of the posters and how an amount is reached when a marriage was only 2 years in duration.
A value was received from the pension admin - a for example amount would be $1,500.00 (the increase in pension from the start to end of marriage).
I know this will have to be looked at by an actuary but I am confused as to how they reach a "payout" number on an amount so small and that length of term of marriage. I believe this is a defined pension plan? not sure of exact term used.
Thank you for any help you can provide. I have read many sites on this and I am still somewhat confused so came back to ask
A value was received from the pension admin - a for example amount would be $1,500.00 (the increase in pension from the start to end of marriage).
I know this will have to be looked at by an actuary but I am confused as to how they reach a "payout" number on an amount so small and that length of term of marriage. I believe this is a defined pension plan? not sure of exact term used.
Thank you for any help you can provide. I have read many sites on this and I am still somewhat confused so came back to ask

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