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URL:  https://boards.fool.com/the-50-survivorship-election-is-typical-however-11296060.aspx

Subject:  Re: PENSION SURVIVORSHIP Date:  9/25/1999  12:27 PM
Author:  TheBadger Number:  14050 of 90548

The 50% survivorship election is typical; however, it may not be the only option available.

Because this is a DB plan which promises periodic payments starting sometime in the future; it still nonetheless also has a total and specific value --- maybe several hundreds of thousands of dollars; of which you are entitled to some portion --- possibly 50% & potentially more given that you are disabled.

In short, for a moment forget the 100% payout while your "ex" lives followed by 50% later --- instead consider it an asset just like any other asset with a specific determinable value of which you are entitled to a portion (which is open to negotiation).

Any good divorce lawyer can either do the computations to determine the lump sum value or (s)he can quickly hire a good consulting actuary for 2 hours to get the number.

As an example, let's say the pension is worth $200,000; maybe you want nothing to do with the pension but feel you are entitled to $100,000 of other assets instead!!!


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