Pbgc Model Separate Interest Qdro Page 3

ADVERTISEMENT

SECTION 7. BENEFITS STOP
PBGC shall stop payments of the Alternate Payee’s separate
interest in accordance with the form of benefit elected by the
Alternate Payee.
Additional benefits may be payable if the
Alternate Payee is designated as the Participant’s spouse in
Section 10.
SECTION 8. DEATH OF PARTICIPANT
The Participant’s death shall not affect payments under the
Alternate Payee’s separate interest.
Additional benefits may be
payable if the Alternate Payee is designated as the Participant’s
spouse in Section 10.
SECTION 9. DEATH OF ALTERNATE PAYEE
If the Alternate Payee dies before commencing benefits,
the Alternate Payee’s separate interest shall [revert to the
Participant/be paid to the Contingent Alternate Payee (see
Language for Including a Contingent Alternate Payee – Appendix
F)]. If the Alternate Payee dies after commencing benefits, see
Section 7.
SECTION 10. SURVIVING SPOUSE RIGHTS OF ALTERNATE PAYEE
[Note: Section 10 applies only if the Alternate Payee is the
spouse or former spouse of the Participant. See page 20, Section
10, Surviving Spouse Rights of Alternate Payee, for guidance on
completing this section of the order.]
a. PBGC shall treat the Alternate Payee as the Participant’s
spouse for purposes of the Participant’s qualified joint-and-
survivor annuity (QJSA) for [none/all/x%] of the benefit in which
the Participant retains a separate interest.
b. PBGC shall treat the Alternate Payee as the Participant’s
spouse for purposes of the Participant’s qualified preretirement
survivor annuity (QPSA) for [none/all/x%] of the benefit in which
the Participant retains a separate interest.
7
PBGC Model Separate Interest QDRO

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Legal
Go
Page of 4