AboutAllen Expertise Pension questions ONLY. Pension, profit sharing, and 401(k) plan design, installation, administration and actuarial services; rollovers to Individual Retirement Accounts; taxation of retirement plan distributions
Experience Over 35years experience in the pension field
Organizations Various actuarial organizations
Education/Credentials MBA and various professional certifications
Question MY husband and i divorced 2 years ago and he is ready to retire from the police force. Hes 42 and im 37. I am owed 1/2 of his pension for 7.5 years . Do i only collect when im at retirement age, or does it start immediately following his retirement?
Thanks you
Answer It depends on the wording in the papers that were signed when you divorced. The specific document is a Qualified Domestic Relations Order.
In most cases you will receive your pension when he starts to receive his. However, this may not be the case. I would check with the Plan Administrator for his plan.
