The time rule, rather than the present value rule, was the appropriate method of valuation of husband’s Public Employees’ Retirement System (PERS) retirement account, where the time rule did not require expert or actuarial evidence, but only required a determination of the length of husband’s employment service during the marriage, and neither party submitted actuarial nor present value distribution in support of their claims as to how the PERS account should have been distributed between the parties.
Laura Morgan is a Family Law Consultant. Laura is available for consultation, brief writing and research on family law issues throughout the country. She can be reached through her website. www.famlawconsult.com