Are you searching for information regarding CSRS and FERS in a Louisville divorce? Civil Service Retirement System (CERS) and the Federal Employees Retirement System (FERS) coverage applies to more than 3% of the workforce here in Kentucky and across the nation. Most retirement plans fall under the Employee Retirement Income Security Act of 1974, more...
Is TRS Retirement for Kentucky Teachers Marital Property in a Divorce?
Is TRS retirement for Kentucky teachers considered to be marital property in a Louisville or Jefferson County divorce? How will a TRS Kentucky teacher’s retirement account be handled in your divorce? We are often asked about the disposition of a teacher’s retirement account at TRS Kentucky . The Teacher’s Retirement System in Kentucky was established in 1938 to...
Retirement Accounts and Pensions in a Louisville Divorce
How will the Court handle the division of important assets such as retirement accounts and pensions in a Louisville divorce? Will the retirement accounts, pension, or benefits of either or both of the former spouses be managed? Almost every Louisville or Jefferson County divorce case involves marital property division involving retirement assets and/or pensions. The...
How is a KTRS Pension Account Handled In a Louisville Divorce
How is a KTRS pension account handled in a Louisville divorce? The Kentucky Teachers Retirement System (KTRS) provides retirement, disability and survivor benefits for Kentucky teachers, as well as their spouses and children. KTRS manages pension funds for school districts, community colleges and universities here in Kentucky. Retirement accounts can often be one of the...