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Document What is meant by Premature Retirement Compensation (PRC) for Pension on Divorce/Dissolution of a civil partnership purposes?

This refers to instances when pension benefits have been enhanced, for example through redundancy or ill health.

When calculating a Cash Equivalent Transfer Value (CETV) for divorce or dissolution of a civil partnership purposes such enhancements are not included as part of the calculation.
 
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Premature Retirement Compensation, PRC, prc, pod, 
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