Monthly Archives: February 2011

Divorce and Retirement Accounts: Public Employees Retirement Association (PERA)

Public Employees Retirement Association (PERA) is a governmental plan. Benefits payable by PERA include pension benefits and disability benefits. Under the 1984 Retirement Equity Act, PERA is exempt from the Qualified Domestic Relations Order (QDRO) law. In 1987, Minnesota passed a law permitting the division of public pension plans in ...

2020-08-27T16:54:44-05:00February 13, 2011|Categories: Divorce, Family Law Blog|Tags: , |

The Difference Between Marital and Non-Marital Property

Marital property is any property that is acquired during the marriage. If during your marriage you and your spouse purchase a home, then this home is considered “marital property.” If during the marriage, you start a new job and receive a retirement account through your position, the retirement account is considered ...

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