If you and your spouse/domestic partner decide to legally dissolve your marriage or partnership, there are a few considerations you should keep in mind:
Pension – Community Property laws may
lead to the courts dividing your pension benefit.
Continuance Benefit – The Continuance
benefit for an eligible surviving spouse or domestic partner
will be eliminated if there is a divorce in retirement.
Beneficiaries – You may wish to remove
former spouses/domestic partners as beneficiaries of your
retirement benefits and re-assign different individuals.
- Health Plan Coverage – Retiree’s former spouses/domestic partners are not eligible for LACERS health plans and their coverage will be terminated. If LACERS is not notified, and a former spouse/domestic partner utilizes health benefits, the member will be charged accordingly.
Remember, whenever you experience a family status change, please contact LACERS so we can assist you and keep your records up to date.