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In California, under the CalPERS guidelines, up to 50% of a member's pension benefits can potentially be assigned for alimony, depending on the specific circumstances of the case. However, it’s essential to consult with a legal expert or financial advisor to understand how this applies in individual situations, as factors like marital duration and other financial obligations can influence the final determination.
What else can I help you with?
When was CalPERS created?
CalPERS was created in 1932.
How many ex-wives are given alimony?
As many as there are. Any number can be granted alimony, there is no 'legal limit.'
How would one qualify for a home loan from Calpers?
Research has shown that one can no longer qualify for a home loan from CalPERS. In December of 2010 the CalPERS Member Home Loan program was suspended.
Do you have to pay alimony if you are 100 percent VA disabled?
Yes. If you're ordered to pay alimony, that status does nothing to change it, although it may be possible to use that in appealing an alimony ruling.
Can you still receive your husbands calpers benefits if you remarry?
Yes, you can still receive your husband's CalPERS benefits if you remarry, but this may depend on specific circumstances. If you are receiving a survivor benefit, it generally continues even after remarriage, but it’s important to inform CalPERS of your new marital status. However, if you are a member of CalPERS and you remarry, certain benefits could be affected, so it's advisable to consult with CalPERS directly for detailed information.
What is theterm for the compensation given to the wife during divorce?
alimony
Does CalPERS provide retiree health benefits- or do retirees just have medicare- or do they provide until age 65- or maybe Cobra covers that- sorry so confusing- does anyone know about this?
CalPERS on line http://www.calpers.ca.gov/ CalPERS on line http://www.calpers.ca.gov/
What kind of business is Calpers?
CalPERS is an information source for California Public Employees' Retirement System. The company services members, employers, business partners, or any interested party.
Can you pull your money from calpers prior to retirement?
Generally, you cannot withdraw your contributions from CalPERS (California Public Employees' Retirement System) prior to retirement. However, if you leave your job and are not eligible for a benefit, you may withdraw your contributions, but this would forfeit your future retirement benefits. It's important to review specific eligibility criteria and options, as they can vary based on your employment status and the type of CalPERS membership you have. Always consult with CalPERS or a financial advisor for personalized guidance.
How old do you have to be to retire with CalPers?
To retire with CalPERS (California Public Employees' Retirement System), you generally need to be at least 50 years old if you're a member of the miscellaneous or safety plans. The specific age and requirements can vary based on your membership category and years of service. For example, safety members can retire as early as age 50 with a minimum of 20 years of service. It's advisable to check the CalPERS website or consult with a CalPERS representative for detailed eligibility criteria.
Does a person have to pay alimony if they don't want a divorce?
If alimony is appropriate given the circumstances of the marriage then the spouse will likely be required to pay alimony to his ex regardless of whether or not he or she wanted the divorce. The amount will depend on the length and nature of the marital relationship and can be a lump sum or periodic payment. If your ex remarries, the alimony obligation will extinguish.
Can you cash out 457 deferred compensation plan?
CalPers is a 457 plan and the statement says: These funds cannot be borrowed against and are available to you only upon permanent separation from all CalPERS-covered employment.
