Previous articles are here: Introduction In return for years of service, the military offers an array of benefits for retirees, including a pension adjusted every year for inflation, money for college, health-care coverage and more. These days the options for military retirement are even more complex than most any civilian plan. While some benefits are [...]
In Germany, a divorce can be obtained if it can be proved that the marriage has broken down. If the couple live apart for a year and they both apply for a divorce then the law recognises that the marriage has broken down. If a couple, lives apart for 3 years only one party need apply for the divorce for a divorce to be granted. There are no other grounds for divorce in Germany, and the divorce process does not apportion any blame.
TSP officials weigh automatic enrollment of employees By Amelia Gruberagruber@govexec.com Thrift Savings Plan officials are reviewing recently enacted pension overhaul legislation to determine if they should seek to implement some of its features that apply to the private sector but not the federal plan — including policies on automatic enrollment. The reform measure, signed by [...]
This isn’t my usual reading fare here at Retired Pay World, but it is something that certainly has to be talked about. Of all the issues that can complicated or even postpone or eliminate retirement, personal relationships have to be among the largest problems. After all, a lot of this site is about divorce and [...]
Division of Defined Benefit Plans … what a happy subject … NOT. But be that as it may, it’s a subject that has to be dealt with often when divorce comes into the picture, especially when pension plans are involved. And most important, certainly for my readers who are retired (or set to retire) under one of the [...]
Here’s a recent comment that points up, yet again, what I have been preaching here for nearly 12 years now since my own federal (CSRS) divorce. There is more to this business, WAY more to this federal divorce business, than the average attorney, conversant with your typical ‘garden variety’ QDRO understands. Now I am not an [...]
Divorce proceedings are typically acrimonious experiences, no matter how much the involved parties want to keep everything short, clean, and simple. For many couples, a clean break without a tedious court hearing is practically an impossibility, and such cases are not possible without the mediation of divorce lawyers. If you’re facing a complicated and protracted divorce process, then you will definitely need to hire a divorce lawyer.
Pension Valuation for Divorce may be unnecessary. Do you meet the criteria? Worried about having a pension valuation of your CSRS, FERS, Military or public service (PERA) pension and annuity assets professionally valued due to a pending divorce? Well, maybe you don’t have to worry! Wouldn’t that be nice for a change? Pension valuation for [...]
As with all the information I provide here on this site, as a public service, remember that I am neither a lawyer nor an accountant or actuary. The purpose of this information is to bring things to your attention that may require attention when considering actions during a divorce. If you are reading this, it’s [...]
Being overly enmeshed in your case:Divorce typically deals with topics that bring about high emotions and intensity, which may result in a spouse becoming overly indulged or enmeshed in his/her case. When this happens, it is not uncommon for a spouse to supply large amounts of irrelevant research material to his/her divorce lawyer, which can drive up the costs of attorney fees.