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: Florida Divorce - Child Custody - Domestic Abuse Law

Pilots Allegedly Divorce to Collect Pension Benefits ? and Then Remarry

By Janet Langjahr

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Pension plans can be complicated things. Documented in thick manuals filled with arcane rules.

In the case of Continental Airlines’ pension plan, one such rule permits divorced, retired spouses to collect retirement benefits attributable to pilots still in active service.

Such pension benefits can amount to lump sums on the order of $1 million per spouse.

Continental alleges that nine of its pilots fraudulently divorced their spouses so that their spouses could collect their pension benefits early … and then, after receiving their benefits, each couple reportedly remarried.

The airline has sued the nine pilots.

Read more in this Oklahoman article: Pilot divorces spur lawsuit.

Full post as published by Florida Divorce - Child Custody - Domestic Abuse Law on June 08, 2009 (boomark / email).

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