|
|
|
|
|
|
Office of the Labor Member |
|
Informational Conference Program |
| Retired Employee and
Spouse Benefits - Spouse Annuities
for Wives And Husbands |
| Property
Settlements - Slide 32 |

Text Version:Property Settlements
Employee tier II benefits, vested dual
benefits and supplemental annuities are subject to property settlements in
divorce cases.
Notes:
- Railroad Retirement Board must honor court orders that treat non-tier I
benefits as property subject to division in proceedings related to divorce,
annulment or legal separation, and which order the Board to make payments to
the divorced spouse.
- In divorce cases, there is no limit on the amount subject to division of
employee’s tier II benefits, vested dual benefits and supplemental annuities.
The additional benefits payable under the special minimum guaranty provision
of the Railroad Retirement Act are also subject to division. In divorce cases,
tier I benefits are not subject to division.
- If the employee dies August 17, 2007, or later, payment of an employee’s
tier II component awarded to a former spouse as part of a property
distribution can continue after the employee’s death unless a court order
requires termination of payments upon the employee’s death.
|
|