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Document What is a CETV?

A CETV is the abbreviation for Cash Equivalent Transfer Value. A CETV is the capitalised value of your pension benefits in the Scheme.

A CETV is required for transfer purposes, where a member is considering a Transfer Out of the Scheme.

A CETV is also required for Pensions on Divorce or Dissolution of a Civil Partnership purposes. You may be asked to obtain a CETV of your pension benefits if the Courts wish to take into account the value of pension benefits in the proceedings.
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