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.
CalPERS was created in 1932.
As many as there are. Any number can be granted alimony, there is no 'legal limit.'
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.
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.
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.
alimony
CalPERS on line http://www.calpers.ca.gov/ CalPERS on line http://www.calpers.ca.gov/
CalPERS is an information source for California Public Employees' Retirement System. The company services members, employers, business partners, or any interested party.
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.
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.
You need to review your divorce decree and orders. If he was not given that right in the decree then the answer is no. He would need to return to court to modify the alimony order. He cannot make changes by himself.
It depends on the wording of the alimony decree. Generally, the alimony and the Social Security are independent of one another.