CALIFORNIA FAMILY LAW
...Employment Benefits-Pension/Disability
......Valuation of Retirement Benefits
.........Postseparation Salary Increases
............Considered in Valuation
5 Cards On This Topic:
  • H's disability precluded need to consider future pay increases in determining present value of pension.
  • Pension divided based upon H's final salary at retirement, not that as of date of separation.
  • Anticipated salary increases should be considered in pension valuations.
  • Failure to account for future salary increases results in windfall for employed spouse.
  • Arguments in favor of recognition of future salary increases in present valuations defined benefit plans.