Flat Fee for QDRO Review Sample Clauses

Flat Fee for QDRO Review. For legal review of court-issued qualified domestic relations orders (“QDROs”) directing the payment of all or any portion of a P&F member’s pension benefits to an Alternate Payee, P&F shall pay the Contractor a flat fee of $500 per QDRO. Review of QDROs shall consist of a legal review of QDROs provided to P&F, whether in draft or final form, in order to determine whether they are consistent with the governing plan documents and with Internal Revenue Code requirements for the continued federal tax qualification of P&F. The Contractor shall advise the Plan Administrator if a QDRO is acceptable for implementation by P&F, or, if not, what changes are necessary to make the QDRO acceptable.
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