Where the member is under their normal pension age (NPA), and the benefits have not yet come into payment, the cash equivalent transfer value (CETV) should be quoted. This should be calculated using the same approach as would apply to a normal CETV (i.e. non-Club transfer out), even if the member is not normally entitled to a transfer value.

The benefits to be valued for serving firefighters are those that would be payable if the member had left service on the date of the calculation - either deferred benefits or the payment of immediate benefits. Those with less than 3 months of service would normally be entitled only to a refund of contributions. However, deferred benefits should be valued for divorce purposes.

Please refer to our latest relevant CETV guidance for the calculation formulae to use. The calculation date should be selected in line with the Cash equivalents, pension credits and pension debits on divorce: general considerations section.

For active members aged 65 (60 for special members) or over who are entitled to immediate payment of benefits, the cash equivalent value should be calculated in accordance with the Calculating the cash equivalent for members already in receipt of benefits section.