Thursday, May 7, 2009

LASERS-Did you know?

LASERS retirement allowance benefits or refunds of accumulated contributions that are paid to a LASERS member, former member or retiree are subject to garnishment or court-ordered assignment to pay child support.

Any LASERS benefit or refund of accumulated contributions paid to a spouse or former spouse as part of a court-ordered community property division is also subject to garnishment or court-ordered assignment to pay child support.

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