Examples of QDRO's or DRO's
Life Insurance. Benefits can be transferred via a QDRO
according to a ruling in Met Life v. Wheatop 42 F3d 1080.
Military
Pensions. These are benefits after a DRO that payable to an
Alternate Payee and if the Survivor Benefit Plan Annuity is
selected, then for the life of the Alternate Payee.
Municipal,
State and Federal Pensions. When a DRO is drafted benefits begin
to be paid to the Alternate Payee when the Participant retires,
and depending on the option selected, will be paid for the life
of the Participant or the life of the Alternate Payee.
Private Pension
Plans. Examples are USX, IBM, US Air, or Microsoft. These Qdro's
are written according to the benefits and options in the Plan
Agreement.
LVSS
can draft a QDRO for any type of plan, these and others not
discussed in this text.
How The QDRO Is Written:
We draft the QDRO
for $200.00 - attorneys, $300 - non-attorneys.
The order is sent to the Plan
Administrator for review.
Corrections are made by LVSS free
of charge.
After approval by the Plan
Administrator the order is signed and certified by the court and
sent to the Plan Administrator.
FOR QDRO
APPLICATION CLICK HERE.
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