Have you ever used your pension fund to cover for your needs?
Eusebius McKasier chats to callers on the 702 open line to find out of they have heard of this...or even done it themselves.
This is where a marriage contract specifies that in cases of divorce, the one spouse is entitled to a certain percentage of the other spouse's pension fund.
Some people are getting divorced not because they busted the wife or husband cheating... but in order to access the pension fund.— Eusebius McKasier, Show host
Because of the state of the economy, some couples are getting divorced but still staying together so they can access this cash.— Eusebius McKasier, Show host
I am an attorney by profession and I can confirm that people do divorce thinking that they just want to access the pension fund and continue living together. Unfortunately, as an attorney, we can't engage in assisting them with such divorces so they end up divorcing themselves. It is a reality and people do it.— Thato, Caller
I agree with the idea of using your pension fund to fund your needs.— Phillip, Caller
I can confirm it does happen where people get divorced for financial reasons. I just had my very lawful divorce.— Nthabisneg, Caller
Listen to the full conversation below...