|
|||||
|
1. Is it possible to write a QDRO against the CSRS or FERS? In general terms, yes, except it is not called a QDRO. The Office of Personnel Management uses the title "Court Order Acceptable for Processing." 2. When can a former spouse receive benefits under the CSRS or FERS? The CSRS and FERS will begin distributing benefits to the Former Spouse when the Employee retires and begins receiving benefits. 3. Can the former spouse receive a lump sum payment from the CSRS or FERS? A Former Spouse may not receive a lump sum distribution of retirement benefits, but may receive a lump sum payment of any withdrawal of contributions elected by the Employee. The COAP has to clearly illustrate the payment of benefits when a withdrawal of contributions is requested by the Employee. 4. How long will payments be made to the former spouse from the OPM? Benefits will paid by the OPM to a former spouse for the lifetime of the employee. Therefore, upon the employee's death, all payments to the former spouse will stop. However, if the former spouse was awarded a former spouse survivor annuity, then upon the death of the employee, the survivor annuity will become payable to the former spouse. 5. Can an employee have more than one person listed as the beneficiary for survivor annuities? Yes. The employee may have a former spouse survivor annuity established for a former spouse and a survivor annuity in place for a current spouse. Under the CSRS the total of these survivor annuities cannot exceed 55% of the Employee's gross monthly retirement benefit, and under FERS cannot exceed 50% of the Employee's gross monthly retirement benefit. 
Return to Request Forms
|
|||||
|
|||||
 | Our Pension Analysts Are Waiting... |
| ||
| Customer Support E-mail Form | Phone Toll-Free: 1-800-447-0084 | ||||
© Copyright 2001-2003, All Rights Reserved, Pension Appraisers, Inc.
Comments & Suggestions? or Recommend This Page to a Friend!
Created, Maintained & Hosted by
Divorcesource.com