Johns v. Johns

BARISONEK, J.S.C.

The parties entered into a property settlement agreement which was incorporated in the final judgment of divorce. The agreement provided for distribution in a lump sum to plaintiff of a portion of defendant’s pension, defendant’s benefits being deferred until retirement. The property settlement agreement also provided that the husband was to pay unallocated alimony and child support. When the agreement was negotiated, defendant earned through his employment $59,000 a year. He was terminated from that position and has secured new employ*735ment earning $35,000 a year. He also…