Legal Question in Family Law in New York
i'm am a 59 yr. old divorced male, my ex wife is 62 yr. old teacher in NY. In our divorce we spilt our pensions 50-50 for the time were married. Do I have to wait untill she retires to collect my share, I am thinking of retiring.
Asked on 3/01/10, 8:45 am
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Generally, the answer is yes. A qualified domestic relations order (QDRO) directs the pension holder to distribute pension under a certain formula when the beneficiary (your wife) elects to take pension.
Mike.
Answered on 3/07/10, 5:46 am