The South Carolina Retirement Systems has posted an updated Qualified Domestic Relations Order (QDRO) Model Order and Guidelines on its website.
The Model Order and Guidelines address all information that is required by statute and provides guidance on various methods of calculating the division of state retirement benefits from the defined benefit plans (not 401(k) or 457 plans).
Although it is not required that a QDRO be prepared identically to the Model Order and Guidelines, conformance will make the approval process quicker and easier and will provide accuracy for future implementation of the QDRO.
This modal "may' be used in other states as well; particularly where your state does not have specific guidelines.Dennis M. Gac, President NBFR
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2 comments:
I found it to be very useful.
Dan Buckett, Seattle Washington
We are experiencing this with my husbands 2 daughters. The oldest has refused to come for 2 1/2 years and the other often does not come and has refused again to stay for 30 days in the Summer.
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