Once you have a Judgment that divides the retirement assets, how do you ensure that the employer will pay a portion of it to the non-employee spouse?  Most retirement plans require a qualified domestic relation order, commonly known as a “QDRO”, or a domestic relations order (DRO) to tell the pension trustees exactly how the division of the pension is to be accomplished.  Under a statute recently enacted by the legislature, whatever percentage of monthly benefits is granted, will also apply to any additional rights or special provisions allowed under the plan, unless specifically stated otherwise.

For more information on property division, please refer to:

• Property Division
  
• Separate Property
• Marital Property
• Evaluation of Business Assets Including Stock Options
• Dealing with Negative Equity Situations
• Modification of Property Provisions
  
• Retirement Asset Division
  
• Pension Evaluation