Defined Benefit Plan
A defined benefit plan is a traditional pension that promises a set monthly payment at retirement, usually based on salary and years of service. In a Florida divorce, the portion of a pension earned during the marriage is a marital asset subject to equitable distribution. Dividing it often requires a special court order called a QDRO so the plan can pay a share directly to the other spouse.
Last updated June 21, 2026
Legal Definition
An employer-sponsored retirement plan that guarantees a specified benefit at retirement; the marital coverture portion is a marital asset under F.S. §61.075 and §61.076, typically divided through a Qualified Domestic Relations Order.
Example
His state pension was a defined benefit plan, so they needed a QDRO to split the marital portion.
Related Statutes
- 61.076
- 61.075
Related Terms
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