What are the best strategies for managing CalSTRS retirement assets and Social Security in a San Diego divorce? How will the CalSTRS retirement for California teachers be handled in a San Diego divorce case? The division of CalSTRS retirement assets in a Carlsbad divorce case, as well as other public retirement vehicles such as CalPERS, Police Officer (PO) and Fire…
CALSTRS
CalSTRS and CalPERS Pensions in a San Diego Divorce
What happens to CalSTRS and CalPERS pensions in a San Diego divorce? What does a teacher, a public employee and/or their spouse need to know about how these accounts will be managed during property division in a divorce? Generally speaking, all debts and assets obtained by either or both parties from the date of the marriage until the date of…
How is a CALSTRS Retirement Account Divided In a San Diego Divorce
How is a CALSTRS retirement account divided in a San Diego divorce? The California State Teachers Retirement System (CALSTRS) provides retirement, disability and survivor benefits for California teachers and their spouses and children. CALSTRS manages pension funds for school districts, community colleges, regional occupational programs and other offices of education. With over 800,000 members CALSTRS is considered to be one…
Is CalSTRS Retirement for Teachers Community Property in a Divorce?
Is CalSTRS retirement for teachers community property in a Carlsbad or San Diego divorce? How will a CalSTRS teacher’s retirement account be handled in your divorce? We are often asked about the disposition of a teacher’s retirement account at CalSTRS. The California State Teacher’s Retirement System was established in 1913 to provide disability, retirement and survivor benefits for California teachers,…
Retirement Accounts in a Divorce Require Special Documents
Did you know retirement accounts in a divorce require special documents known as Qualified Domestic Relations Orders or QDROs? Can a DIY divorce truly manage the QDRO process? According to the State of California more than 80% of couples begin the divorce process on their own. Here in Carlsbad our own Family Law Court reports less than half are able…