Term: Divorce
Definition:The legal end point of a marriage. A divorce of an employee can affect that person's benefits. The ex-spouse has rights to retirement benefits accrued during the time of the marriage. The ex-spouse also may apply for health benefits under COBRA. If there are children, then there are payments for child support, which may be enforced through garnishment.
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Course | Page Number |
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50 - Employee Life and Disability Insurance | 7 |
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