NYC Fire Pension Provisions & Equalization Pitfalls In Divorce Settlements

2:00 p.m. – 2:10 p.m.

Welcome and Introduction

2:10 p.m. – 3:50 p.m.

Part I: What the Courts Expect From You During the Diligence Phase

a. How to Conduct the Right Level of Due Diligence and Avoid Wasteful Subpoenas 

b. How to Identify Key Information from the Plan Statements for Defined Benefit Pension Plans and for Defined Contribution Plans

Part II: Highlighting the New York City Fire Pension and its Key Provisions

Part III: Thinking Outside the Box When Addressing Distribution of Retirement Assets in Settlement Negotiations

Part IV: How to Avoid Settlement Mistakes in these Areas

a. The Application of “the Majauskas”

b. Plan Loans 

c. Equalizing and Offsetting

d. Identifying Retirement Assets

Part V: Resources

Recap, Retirement Asset Cheat Sheet, Case Law

3:50 p.m. – 4:00 p.m. 

Questions and Answers

Panelists: 

Denisa Tova-Liebman, MBA, CFP, CDFA, CQS

Founder & CEO of TOVA QDRO & Retirement Valuation Consultants LLC

Plainview, NY

Hon. Cheryl A. Joseph

Supervising Judge of the Matrimonial Parts

Court of Claims Judge and Acting Supreme Court Justice

Suffolk County Supreme Court

Central Islip, NY

Christopher J. Chimeri, Esq.

Partner at Quatela Chimeri PLLC

Garden City, NY

2.0 Credit in Areas of Professional Practice