Sourcehttps://www.fedweek.com
Newly offered legislation in the Senate (S-4290) would specify that a FERS retiree’s “special retirement supplement” may be divided in a divorce order that awards a share of retirement benefits to the former spouse only if the order explicitly requires dividing the supplement, the latest development in a long-running dispute.
The bill, introduced on a bipartisan basis by Sens. James Lankford, R-Okla., and John Fetterman, D-Pa., addresses a back and forth spanning a decade regarding that supplement, which sometimes is called simply the “FERS supplement” or the “annuity supplement.”
Sourcehttps://www.fedweek.com
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