What happens to your pension when you divorce in South Africa?

What happens to your pension when you divorce in South Africa?

The pension interests of the spouses will form part of the parties’ joint estate and the non-member spouse will be entitled to claim 50% of the pension interest of the member as at the date of the divorce. The parties may also agree to share the pension interest in a settlement agreement.

Can I get my husband pension if we divorce?

filing for divorce online

A pension earned during marriage is generally considered to be a joint asset of both spouses. Most retirement plans will pay pension benefits directly to divorced spouses if the domestic relations order meets certain requirements.

Can a wife draw off her husband’s Social Security?

As a spouse, you can claim a Social Security benefit based on your own earnings record, or collect a spousal benefit in the amount of 50% of your spouse’s Social Security benefit, but not both. You are automatically entitled to receive whichever benefit provides you the higher monthly amount.