What is a FERS Order and What Does It Accomplish

For employees of the federal government, there are 2 different benefit systems in which the employees may accrue their retirement benefits.  Civil servants maintain their funds in the Civil Service Retirement System (CSRS), and other federal employees are in the Federal Employee Retirement System (FERS). Just as qualified domestic relations orders (QDROs) govern division of […]

What is a Military Pension Order and What Does It Accomplish

A member of the military who accumulates retirement benefits can divide those benefits, upon divorce, with his or her spouse but certain requirements must be met. Just as a qualified domestic relations order (QDRO) provides the method by which the courts distribute ERISA governed retirement benefits to an ex-spouse or some other enumerated beneficiary at […]