Earmarking: Difference between revisions
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2. ''Law.'' | 2. ''Law.'' | ||
A court order directing the trustees of a pension scheme to make payments direct to a former spouse of a member; these generally form part of divorce settlements. | |||
3. | 3. | ||
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== See also == | == See also == | ||
* [[Pension scheme]] | * [[Pension scheme]] | ||
Revision as of 14:06, 28 May 2013
1. Pensions accounting. The setting aside, at least notionally, of part of a pension fund for the benefit of a particular member, such as might be the case in a money purchase arrangement.
2. Law. A court order directing the trustees of a pension scheme to make payments direct to a former spouse of a member; these generally form part of divorce settlements.
3. More generally, the notional setting aside of a part of any fund of assets for a specific purpose.
