Ex-Wife Entitled To Portion Of Officer’s Pension Though Officer Not Yet Retired
In a 1986 decision known as Koelsch v. Koelsch, the Arizona Supreme Court defined a matured pension as an “unconditional right to immediate payment.” Under Koelsch, when an employee spouse continues working after his retirement benefits mature, then he is “liable to reimburse the non-employee spouse for the property interest in the monthly pension benefit.”…