Divorce with FERS pension

Anonymous

If you were both feds and divorced-were you able to get compensation for the FERS pension now? We are both 50 but he has more years of federal service and higher salary. Not talking about TSP here
Anonymous
I don’t see what you couldn’t. If they might retire before 62 don’t forget about the FERS supplement
Anonymous
I would think you get half of the joint amount fur the years you were together. Not sure about earnings.
Anonymous
When we handled the FERS retirement for my father after his death, I remember it being quite clear on the paperwork how to note spouses / ex-spouses unless you had signed away your rights in the divorce settlement.

So, I know lots of people face this issue and you can negotiate for it, and you should.

Keep in mind that you're also entitled to an amount of half his social security if that ends up being higher than your whole social security. You don't need his permission or agreement for that, and it doesn't impact his benefits.
Anonymous
You get 1/2 of his and he gets half of yours after when you two retire.
Anonymous
Anonymous wrote:You get 1/2 of his and he gets half of yours after when you two retire.


You get half of the time that you were married if they were in the federal government before you were married, you won’t get that time.
Anonymous
OP: we are married 26 years-is half of this substantial enough for me to leave it? I am a fed myself as well but make much less than him
Anonymous
Anonymous wrote:
Anonymous wrote:You get 1/2 of his and he gets half of yours after when you two retire.


You get half of the time that you were married if they were in the federal government before you were married, you won’t get that time.


Pp you were responding to. You are correct. I should’ve been more clear
Anonymous
OP again: could you recommend a financial advisor (reasonably priced) to give me an idea of what kind of finances (taxes/hurdles) I should expect due to divorce?
Also for those of you who are feds, did you use their program for getting a lawyer? I need to keep costs as low as possible
Anonymous
What are you trying to do OP?
Anonymous
Anonymous wrote:What are you trying to do OP?


Trying to get an estimate of my financial situation after divorce..
Anonymous
I found this relevant link on the OPM regarding FERS survivor benefits and divorce:

https://www.opm.gov/frequently-asked-questions/retire-faq/post-retirement/i-have-divorced-is-my-former-husband-or-wife-eligible-for-a-survivor-benefit/

I don't know of a financial advisor personally, but I would look for someone who works with federal employees regularly.

A search pulled up this link which seems relevant:
https://ecgoldberglaw.com/the-federal-government-taxes-and-your-divorce/
Anonymous
I'm the PP with the links.

This article seems more specific and relevant:
https://stwserve.com/what-federal-employees-need-to-know-about-retirement-and-divorce/
Anonymous
Anonymous wrote:I'm the PP with the links.

This article seems more specific and relevant:
https://stwserve.com/what-federal-employees-need-to-know-about-retirement-and-divorce/


Thank you very much! Now I need to find an attorney who is familiar with these-any pointers? As if the emotional aspect of divorce is not overwhelming enough (
Anonymous
Current fed married to a fed who was divorced. Previous spouse was not a fed and they were married less than 10 years. It was clearly negotiated in their divorce that previous spouse would receive zero from FERS pension. So it was evidently part of the divorce negotiation/settlement (I wasn't around.)

Spouse has now retired and had to provide divorce documentation along with settlement agreement in order to prove nothing owed to previous spouse. I am planning to retire and had to provide a copy of my marriage certificate. At first the HR rep told I had to "prove" I wasn't divorced. And yeah I quickly got hold of their supervisor.

Long way of saying...............any halfway competent fed HR specialist should know what you will need to provide so make sure you negotiate.
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