As an experienced Saratoga Divorce Attorney, clients often ask when they will receive their share of a defined benefit pension that pays a specific monthly amount.
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- Such pensions are defined as either a shared pension plan or a separate interest pension plan.
- If it’s shared, the party who is not titled on the plan can receive their share only when the titled spouse actually retires.
- With a separate interest pension plan option, either party can receive their share on the date the participant is eligible to retire.
Are you in need of your share of your ex’s pension plan? Contact dedicated Saratoga Divorce Attorney Jean Mahserjian for help.
This educational video was brought to you by Jean Mahserjian, an experienced Saratoga Divorce Attorney in Clifton Park.