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Brown Cafe UPS Forum
UPS Retirement Topics
PT Union Pension Division During Divorce
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<blockquote data-quote="LNA03" data-source="post: 3653266" data-attributes="member: 73654"><p>I am currently in the beginning phases of my divorce, and I need advice on how my pension will be determined by the courts. </p><p> I was PT Union for nine years. I left UPS long before I was married, however, the state I was married in is an equitable division state, thus meaning my pension is marital property. </p><p></p><p>My question is, when it comes time to put an asset valuation on it, will the courts Accept the most recent/Current buyout valuation offer UPS sent me or will they be doing the calculations based on life expectancy?</p><p></p><p>I’m only in my 30’s and am nowhere near retirement age so I am not sure how this will play out. Any advice would be greatly appreciated</p></blockquote><p></p>
[QUOTE="LNA03, post: 3653266, member: 73654"] I am currently in the beginning phases of my divorce, and I need advice on how my pension will be determined by the courts. I was PT Union for nine years. I left UPS long before I was married, however, the state I was married in is an equitable division state, thus meaning my pension is marital property. My question is, when it comes time to put an asset valuation on it, will the courts Accept the most recent/Current buyout valuation offer UPS sent me or will they be doing the calculations based on life expectancy? I’m only in my 30’s and am nowhere near retirement age so I am not sure how this will play out. Any advice would be greatly appreciated [/QUOTE]
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