Minnesota § 518.582 - PROCEDURE FOR VALUING PENSION BENEFITS OR RIGHTS
Full text of Minnesota Minnesota Statutes § 518.582 — PROCEDURE FOR VALUING PENSION BENEFITS OR RIGHTS, with citation guidance and answers to common questions.
§ 518.582. PROCEDURE FOR VALUING PENSION BENEFITS OR RIGHTS
Subdivision 1.Appointment of actuary.
Each court of this state that has jurisdiction to decide marriage dissolution matters may appoint a qualified person experienced in the valuation of pension benefits and rights to function as an expert witness in valuing pension benefits or rights.
Subd. 2.Standards.
A court appointed actuary shall determine the present value of pension benefits or rights that are marital property of the parties to the action based on the applicable plan documents of the pension plan and the applicable actuarial assumptions specified for use in calculating optional annuity forms by the pension plan or for funding the pension plan, if reasonable, or as specified by the court. The court appointed actuary shall report to the court and to the parties the present value of the pension benefits or rights that are marital property.
Subd. 3.Compensation.
The court appointed actuary may be compensated at a rate established by the court. The compensation of the court appointed actuary shall be allocated between the parties as the court directs.
Subd. 4.Stipulation.
In lieu of valuing pension benefits or rights through use of the court appointed actuary, the parties may stipulate the present value of pension benefits or rights that are marital property.
History:
1987 c 157 s 19; 1988 c 619 s 1
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 518.582
What does Minnesota Statutes § 518.582 cover?
Section 518.582 ("PROCEDURE FOR VALUING PENSION BENEFITS OR RIGHTS") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Minnesota § 518.582?
A common citation format is "Minnesota Statutes § 518.582" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Minnesota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.
How does Minnesota § 518.582 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.