MI HB5520

Divorce and separate maintenance judgments must determine all rights of wives in life insurance, endowment, or annuity policies on the husband's life where the wife is named as beneficiary or acquired rights during marriage.

Divorce and separate maintenance judgments must determine all rights of husbands in life insurance, endowment, or annuity policies on the wife's life where the husband is named as beneficiary or acquired rights during marriage.

Divorce and separate maintenance judgments must address all rights of both spouses in vested pensions, annuities, retirement benefits, and accumulated contributions in retirement systems, including unvested benefits.

For divorce or separate maintenance actions filed on or after September 1, 2006, any assignment of pension, annuity, or retirement benefit rights must include a proportionate share of all components (supplements, subsidies, early retirement benefits, surviving spouse benefits, death benefits) unless expressly excluded in the judgment.

Effective date is March 22, 2017.