CALIFORNIA FAMILY LAW
...Employment Benefits-Other
......Voluntary Separation Benefits
5 Cards On This Topic:
  • If right to receive voluntary separation payment did not accrue during marriage, it is s/p; motivation of employer irrelevant.
  • Early Retirement Benefit held to be c/p because right to it was contractual and right to receive it accrued during marriage.
  • Severance package received by H after separation held s/p, despite being based on longevity.
  • Enhanced early retirement benefits must be included in computing former spouse's c/p interest in retirement payment; extra years of service credit inure solely to benefit of employee.
  • Characterization and division of enhanced retirement benefits.