CALIFORNIA FAMILY LAW
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Employment Benefits-Pension/Disability
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Valuation of Retirement Benefits
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Postseparation Salary Increases
............Considered in Valuation
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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.