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Your Pension and Your Spouse The Joint and Survivor Option by R. George Martorana

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Published by Intl Foundation of Employee Benefit Plans .
Written in English


  • Business & Investing / Personal Finance,
  • Personal Finance - Retirement Planning,
  • Business & Economics,
  • Old age pensions,
  • Survivors" benefits,
  • Personal Finance

Book details:

The Physical Object
Number of Pages24
ID Numbers
Open LibraryOL11295445M
ISBN 100891546235
ISBN 109780891546238

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Dec 17,  · Protecting Your Pension For Dummies [Robert D. Gary, Jori Bloom Naegele] on *FREE* shipping on qualifying offers. Are you concerned about your pension? In today’s tumultuous business environment, you have every right to be. With revised pension laws and under-the-table pension cuts by companies making waves/5(6). A 50 percent benefit is a pension benefit that gives your spouse half of your pension after you die. In order for your spouse to get this, you must agree to reduce your pension benefit by 1/2 during your lifetime. In other words, you take 1/2 of your pension benefit during your lifetime, and your spouse receives 50 percent after you die. Get this from a library! Your pension and your spouse: the joint and survivor dilemma. [R George Martorana]. What Spouses Should Know About Pension Benefits and either you or your spouse are lucky enough to have had a traditional defined-benefit pension, you will face some choices when you apply for.

Pension Rights of Divorced Wives Your husband's pension eligibility and your pension rights under a state or local retirement system are likely to depend on state statutes (laws), city or county ordinances, rules issued by a retirement board, or a combination of these. The list . Your Pension Rights at Divorce: What Women Need to Know (Third Edition) The book is aimed at divorcing womenbecause they have been a divorced spouse. The laws don't require that pension benefits be divided. You have to ask for a share, and see that the necessary legal steps for. * Like your own pension, your spouse’s survivor pension is reduced when the bridge pension ends, on what would have been your 65th birthday. Increasing the survivor pension. The 60% survivor pension is provided to your surviving spouse at no cost to you. However, you . As a surviving spouse, you will receive a supplemental payment each July. The amount is a percentage of your June monthly payment amount. You Will Receive Your Pension Even If You Remarry. You will receive your survivor's pension for the rest of your life. Remarrying or entering into a new civil union does not affect your surviving spouse pension.

Rights of Spouses to Retirement Pensions. A pension plan is a retirement scheme funded by your employer. Generally, the pension is funded entirely by your employer, but some pensions allow you to contribute to the plan through salary reductions. When an employer funds most or . Nov 13,  · If you are or were married to someone who vested in a traditional pension plan, you may qualify for traditional pension payments, even if your spouse with the pension passed away. Traditional Author: Emily Brandon. pension bene fit for your lifetime when you R etire or become isabled, as well as for your Spouse D upon your death. Unlike most traditional pension plans, however, the Plan also provides surviving children benefits, income replacement benefits, and educational benefits for surviving eligible children. The Plan is dedicated to taking care of. Jun 24,  · If you or your spouse have worked for a company or more likely a public entity for an extended period of time it is likely that either of you have a pension that has been made available to you for retirement. For those of you who are looking at the word "pension" and are scratching your head as to what that means exactly, a pension is a general term that is applied to any type of retirement.