Model Domestic Relations Order - The Teachers' And State Employees' Retirement System Page 2

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M
D
R
O
ODEL
OMESTIC
ELATIONS
RDER
The Teachers’ and State Employees’ Retirement System
His/Her last known address is ______________________________. His/Her date of birth is
_____.
4.
This Order recognizes plaintiff’s/defendant’s (hereinafter “the non-member ex-
spouse”) marital interest in the benefits payable by the Retirement System to plaintiff/
defendant (hereinafter “the member”). The marital interest of the non-member ex-spouse in the
member's benefits payable by the Retirement System shall be calculated as follows: fifty per cent
(50%) [or _____ per cent (____ %)] of the amount determined by multiplying the member’s
total benefit by a fraction, the numerator of which shall be the total months of creditable service
earned during the marriage, including creditable service purchased during the marriage, and the
denominator of which shall be the member’s total number of months of creditable service at the
time of retirement or of a withdrawal of accumulated contributions.
OR
4.
This Order recognizes plaintiff’s/defendant’s (hereinafter the non-member ex-
spouse) marital interest in the benefits payable by the Retirement System to plaintiff/ defendant
(hereinafter the member). The marital interest of the non-member ex-spouse in the member’s
benefits payable by the Retirement System shall be calculated as follows: fifty per cent (50%)
[or _____ per cent (____ %)] of the member’s benefit, commencing as of the member’s actual
retirement date, calculated by utilizing the member’s average final compensation as of the date of
separation, years of creditable service standing to his/her credit as of the date of separation, and
the statutory accrual rate as of the date of retirement, unreduced by any reduction factor which
may be applied for early retirement [or, reduced by the same percentage as is actually applied
to the member’s benefit for early retirement, if any].
5.
The formula set forth in Finding of Fact 4 shall be applied to all retirement
benefits payable to the member or to his/her designated survivor(s) under any option contained
in G.S. 135-5(g). Should a return of contributions become payable pursuant to G.S. 135-5(f), the
non-member ex-spouse shall be paid 50% [or ____ %] of the member’s accumulated
contributions as of the date of separation. Should a post-retirement return of accumulated
contributions become payable pursuant to G.S. 135-5(g1) then the non-member ex-spouse shall
be paid 50% [or ____ %] of the balance of the member’s accumulated contributions at his/her
death, plus accrued interest payable as applicable.
6.
The formula set forth in Finding of Fact 4 shall/shall not apply to any Special
Retirement Allowance which may become payable pursuant to G.S. 135-5(m1) or (m2) by virtue
of a transfer of funds from the member’s account with the Supplemental Retirement Income Plan
(NC 401(k) Plan) or the Public Employee Deferred Compensation Plan (NC 457 Plan).

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