What is the name of your state (only U.S. law)? CA
My employer contributes to a company sponsored pension plan, without any deductions from my salary. Now that I am facing divorce and the stbx wants half of what I have, provided that I worked for the same employer during the course of the marriage, till the separation date and then some, I am wondering if she is entitled to any of the money in the pension plan. I am assuming one way or the other she is, but the problem is, I can not touch that money, either I retire from this company or reach a certain age, which I don't know. If I leave the company prior to retirement, I am not sure if I am entitled to any of this money as I have never questioned it, considering the volatility of the employment anywhere in the US. I assumed it is not there or will not be there when I retire.
Can anybody shed a light on, if she is entitled to half of that money and if she is, should she wait until I am eligible to make withdrawals from it (whic is at least 10-15 years away I presume ?
My employer contributes to a company sponsored pension plan, without any deductions from my salary. Now that I am facing divorce and the stbx wants half of what I have, provided that I worked for the same employer during the course of the marriage, till the separation date and then some, I am wondering if she is entitled to any of the money in the pension plan. I am assuming one way or the other she is, but the problem is, I can not touch that money, either I retire from this company or reach a certain age, which I don't know. If I leave the company prior to retirement, I am not sure if I am entitled to any of this money as I have never questioned it, considering the volatility of the employment anywhere in the US. I assumed it is not there or will not be there when I retire.
Can anybody shed a light on, if she is entitled to half of that money and if she is, should she wait until I am eligible to make withdrawals from it (whic is at least 10-15 years away I presume ?