CALIFORNIA FAMILY LAW
...Employment Benefits-Pension/Disability
......Valuation of Retirement Benefits
.........Defined Benefit Plans
............Method of Valuation
4 Cards On This Topic:

Failure of court to set forth calculations by which it arrived at different value from those presented by parties not error where sufficient evidence presented to have made own determination.

Value defined benefit plan by looking at value of retirement benefits, not FMV of assets currently in plan.

Pension may be divided by determining actuarial value and awarding to employee spouse, with offsetting assets to other spouse.

The actuarial value of a life pension usually far exceeds the amount of the employee's accumulated contributions, plus interest.