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Money and Finances
Reply to "2 Feds, Divorce and Pension"
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[quote=Anonymous][quote=Anonymous]17:42- I agree, I don't think it works how I think it works! It's confusing and especially with us both being feds. I need to find someone here who understands FERS. I guess what I am imagining happening is- say I retire and my pension is $1000 (just using a round number for clarity). I retire. I get $500 per month. He gets my other $500. If he retires, same. What if he, or I , retire first? Or die? [/quote] I don't know about federal, but for the military pension, we took the annuity so we pay in every month so I can get the benefit if my spouse dies. I get I think half under the surviver benefit plan (and minor kids get something). Otherwise, if he died, I got nothing. When he dies, his ex-wife stops getting his pension as its only a benefit while he is alive (which is absurd given they were married young for ten years but a different issue).[/quote]
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