Spousal Support Reform – The Trend to Limit Alimony

As the number of married women who are financially dependent on their husbands decrease, the more our present alimony laws are scrutinized. Now that women are a major segment of today’s workforce, and have generally obtained a higher educational status, the premise that they are “entitled” to a portion of man’s income after separation or divorce is becoming outdated. Although men’s groups are pushing for spousal support reform, many women also agree that the old system disadvantages today’s women by not encouraging them to be financially responsible for themselves and begin a new life. The courts agree and we are […]

Joinder – What is It?

A joinder is a set of court documents that are prepared and filed at the court prior to a pension division order. The joinder is usually the first step to in the pension/retirement division. Basically the joinder documents “Join” the pension/retirement plan to the court case making it a third party. The court requires a joinder on most retirement/pension plans for a few reasons. One reason is because like any other court case, all parties involved need to be made aware of the proceedings with a chance to respond. The court allows the plan administrator 30 days to respond to […]

CALSTRS Pension/Retirement Division

What is CALSTRS? CALSTRS is short for California State Teachers Retirement System. This is the California entity that provides retirement, disability and survivor benefits for teachers and their families. Calstrs, as of 2013 had more than 1700 employers it handled pension funds for. This included school districts, community colleges, offices of education and regional occupational programs. Calstrs is on of the top 10 largest pension funds in the world with more than 800,000 members. Calstrs was formed in 1913 and has their head office located in Sacramento California.

What is a CALSTRS Pension/Retirement Division?
During the completion of a divorce property rights […]

CalPers Pension/Retirement Division Overview

What is CalPERS? CalPERS is the abbreviation for California Public Employees Retirement System. This is the California agency that manages and tracks the general trust fund for pension and health benefits for California public employees, retirees and their families (and former spouses of former employees). Members include workers in law enforcement, schools and some county and city jobs. As of 2013, within the State of California,  there were over 1 million members of which over half of them were receiving monthly benefits.

What is a CalPERS Pension/Retirement Division?
During the completion of a divorce property rights are often determined. Pension/Retirement accounts are […]

CalPers Pension/Retirement Division

What is CalPERS? CalPERS is the abbreviation for California Public Employees Retirement System. This is the California agency that manages and tracks the general trust fund for pension and health benefits for California public employees, retirees and their families (and former spouses of former employees). Members include workers in law enforcement, schools and some county and city jobs. As of 2013, within the State of California,  there were over 1 million members of which over half of them were receiving monthly benefits.

What is a CalPERS Pension/Retirement Division?
During the completion of a divorce property rights are often determined. Pension/Retirement accounts are […]