Divorce impact on nps retirement corpus
Beard
(Querist) 21 February 2014
This query is : Resolved
In the event of divorce, will my spouse be entitled to a portion of my NPS retirement corpus? I haven't named her as the nominee.
Dr J C Vashista
(Expert) 21 February 2014
Incomplete information.
However, what are the Court directions or mutual settlement terms? Probably nothing to share NPS Corpus, then enjoy yurself.
Rajendra K Goyal
(Expert) 21 February 2014
If the divorce orders are silent in the matter, it can not be shared.
T. Kalaiselvan, Advocate
(Expert) 22 February 2014
I dont think that without any direction from any court of law such an arrangement be made compulsorily, check it up with the court order.
Biswanath Roy
(Expert) 22 February 2014
In case of Divorce DIVORCEE IS ENTITLED TO MAINTENANCE ONLY IF SHE HAS NO INCOME OR INSUFFICIENT INCOME but she has no lawful right and claim over the retirement benefits of the husband and Provident fund money.