Resource Tag: Military
Provisions in National Defense Authorization Act would cut retirement benefits for former military spouses
Federal laws allow state family court judges to award a fair share of an employee’s retirement benefit to a former spouse at divorce. The laws recognize that marriage is an economic partnership and therefore permit state courts to consider both the degree to which former spouses may have relied on their partners’ retirement benefits for […]
“NAFI” Plans: Federal Retirement Programs Not Funded by the Government
This fact sheet provides an overview of retirement plans that are sponsored by government entities that do not receive funding from Congress. What are Non-Appropriated Fund Instrumentality Retirement Plans? NAFI Retirement Plans are retirement plans sponsored by government entities known as Non-Appropriated Fund Instrumentalities (NAFIs). NAFIs are part of the federal government but they do […]
