Baggs v. Baggs

Petitioner-appellant and wife, Jennifer Baggs filed for divorce from her firefighter husband, respondent-appellee, Steven Baggs. As part of the firefighter retirement plan, the husband was vested in what was known as a DROP or Plan B option created specifically for Oklahoma Firefighters. Plan B was an alternative option for firefighters' pensions available when a vested firefighter retired. It was not funded until the firefighter chose the Plan B retirement alternative. Petitioner sought any portion of the Plan B which would be attributable to the years in which she and the husband were married, in the event he chose Plan B when he retired, after the divorce was granted. The trial court declined to divide the Plan B option as marital property and the Court of Civil Appeals affirmed. After review, the Supreme Court held that, in the event the Plan B option was chosen by a vested former spouse when the firefighter retires, it was divisible to the extent that any funds deposited into it were attributable to the marital years. View "Baggs v. Baggs" on Justia Law