Divorce/Alimony/Pension Payment QDRO
Unfortunately for me looks like I’m 30 years into a marriage that’s gone to pasture. She’s filed and hired an attorney. I’m a 25 year WB captain at FedEx and she hasn’t worked in 25 years (3 grown kids). Semi-amicable and hopefully we can use a mediator. Here’s my question- I’m gonna have to pay her alimony (or whatever Texas calls it) for 10 years. The math according to Texas Statute works out to $5,000 per month for 10 years. I called the Fedex retirement center and they informed me that she’s entitled to half my pension AND she can start collecting her half the day we divorce (we’re both 57). So she gets about $5,500 per month until the day she dies from FedEx. So here’s my question - is spousal support on top of this money? If so, then she’s getting $10,500 per month for the next 10 years. Or, does this pension payment satisfy the spousal support requirements? Does anyone have any experience with this?