NOTICE: FORMER SPOUSE ANNUITY PROVISIONS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP90B01370R000100110012-6
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: December 22, 2016
• Document Release Date: September 17, 2008
• Sequence Number: 12
• Content Type: REGULATION

Approved For Release 2008/09/17: CIA-RDP90BO1370R000100110012-6
Handout for New PJ-iployees
NOTICE: TORMER SPOUSE ANNUITY PROVISIONS
The purpose of this notice is to bring to your attention the provision
of the retirement program that establishes procedures where certain former
spouses of employees may be entitled to retirement benefits.
Employees in both the CIARDS and Civil Service Retirement and Disability
System will be covered provided:
a. The employee was divorced on or after IS November 1982.
b. The employee was married to the former spouse for 10
years during the period of creditable service.
c. The former spouse served overseas with the employee
for five years.
This provision will apply to these employees even if they
leave the Agency and subsequently retire from another Government agency.
Briefly, participants are-required under the former spouse legislation
to accept necessary reductions in their on retirement benefits to
meet the following obligations:
a. A pension to a former spouse.
b. A court ordered apportionment of annuity to a former
spouse.
c. A regular survivor annuity to a former spouse who has
not remarried prior to age 60.
d. A proration with a former spouse of any lurp-sum
payment of retirement funds upon separation.
Further, a participant may make am elbction urtd . the
following options:
a. A participant who, on 15 November 1952, has a former
spouse may, by spousal agreement, elect to receive a reduced
annuity and provide a survivor annuity for such former spouse.
b. A participant who is divorced on or after 1S November
1982 may elect voluntarily to purchase an additional survivor
annuity for a former or current spouse. This allotment is paid
totally by the participant- -there is no Government contribution--
and is based on actuarial equivalent in value as calculated on
tables of mortality as provided by the U.S. Cbvernment.
Any questions regarding this matter should be referred t
the Retirement Affairs Division, Office of Personnel, extensio
STAT -
Approved For Release 2008/09/17: CIA-RDP90BO1370R000100110012-6 '