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PRC Perspectives Blog

Don’t take a pension for granted

Posted by Rebecca Davis on February 23, 2010

Often divorcing couples will opt to divide their marital property by giving one spouse the home and the other spouse the pension.  This easy way of dividing marital property may leave one spouse at a disadvantage that isn't recognized until retirement. 

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Don't delay: Submit court orders to the plan right away!

Posted by Rebecca Davis on February 22, 2010

In order to receive retirement benefits that have been awarded in a divorce, it is important to obtain a court order, which tells retirement plans how to divide and pay benefits to the divorced couple. For private retirement plans, these court orders are called Qualified Domestic Relations Orders or QDROs. Other retirement systems call them Domestic Relations Orders or DROs. 

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A pension earned during a marriage is usually the property of both spouses

Posted by Rebecca Davis on February 19, 2010

Did you know that, in general, retirement assets earned during a marriage are marital property in the same way that a house and a savings account are? 

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Getting divorced? Don't forget the pension!

Posted by Rebecca Davis on February 18, 2010

What better time than the week after Valentine's Day to devote a week's worth of blog entries to divorce?  This is the first in a series of blog entries focusing on issues involving divorce and retirement. Enjoy!

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In case you missed it

Posted by Joellen Leavelle on February 16, 2010
Here's some of the latest news from the world of pensions: More...

In case you missed it

Posted by Joellen Leavelle on February 01, 2010

Here's some of the latest news from the world of pensions: More...

Workers and Retirees Lose Pensions - and Take Action!

Posted by Joellen Leavelle on January 21, 2010

On New Year's Eve, current and retired employees of Augsburg Fortress, the publishing arm of the Evangelical Lutheran Church in America, learned that their traditional defined benefit pension plan would be terminated and that they could lose a substantial portion of their benefits as a result of the termination.  More...

In case you missed it

Posted by Joellen Leavelle on January 11, 2010

Here's some of the latest news from the world of pensions: More...

When is a participant not a participant?

Posted by Joellen Leavelle on January 05, 2010

As I was reading the most recent edition of the Private Pension Plan Bulletin Abstract of 2007 Form 5500 Annual Reports [PDF], published by the Labor Department's Employee Benefits Security Administration, I noticed something rather odd in one of the footnotes.  More...

In case you missed it

Posted by Joellen Leavelle on January 04, 2010
Here's some of the latest news from the world of pensions: More...
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