Plan-Approved Domestic Relations Order means a judgment, decree, or order (including the approval of a settlement agreement) which is:
Plan-Approved Domestic Relations Order means a domestic
Plan-Approved Domestic Relations Order means a domestic relations order that the plan approves as meeting all the requirements for a plan approved domestic relations order as otherwise prescribed in this article.
Examples of Plan-Approved Domestic Relations Order in a sentence
The investment of amounts segregated on behalf of an alternate payee pursuant to a Plan approved domestic relations order (as defined under Code Section 414(p)) may be directed by such alternate payee to the extent provided in such order.
Amounts segregated for the accounts of alternate payees pursuant to a Plan approved domestic relations order shall be available for immediate distribution to the alternate payee with the same distribution options as available to as other plan participants.
More Definitions of Plan-Approved Domestic Relations Order
Plan-Approved Domestic Relations Order means a court order that is lawfully directed to this Plan and that is served upon the Plan Administrator before the Participant receives a distribution of his benefit that pursuant to a state domestic relations law creates or recognizes the existence of the right of an alternate payee to receive all or a portion of a Participant’s benefit and that meets all of the following requirements. An order shall not be a Plan-Approved Domestic Relations Order unless the Plan Administrator determines that the court order on its face and without reference to any other document states all of the following:
Plan-Approved Domestic Relations Order means a judgment, decree, or order (including the approval of a settlement agreement) which is:
2.27.1 Issued pursuant to a State’s domestic relations law;
2.27.2 Relates to the provision of child support, alimony payments or marital property rights to a Spouse, former Spouse, child or other dependent of the Participant;
2.27.3 Creates or recognizes the right of a Spouse, former Spouse, child or other dependent of the Participant to receive all or a portion of the Participant’s benefits under the Plan;
2.27.4 Requires payment to such person of their interest in the Participant’s benefits in an immediate lump payment; and
2.27.5 Meets such other requirements established by the Committee.
Plan-Approved Domestic Relations Order means a qualified domestic relations order as defined in Section 414(p)(1)(B) of the Code that meets the requirements established by the Committee.
Plan-Approved Domestic Relations Order means a court order that is lawfully directed to this Plan and that is served upon the Plan Administrator before the Participant receives a distribution of his benefit that pursuant to a state domestic relations law creates or recognizes the existence of the right of an alternate payee to receive all or a portion of a Participant's benefit and that meets all of the following requirements. An order shall not be a Plan-Approved Domestic Relations Order unless the Plan Administrator determines that the court order on its face and without reference to any other document states all of the following:
(a) The court order expressly states that it relates to the provision of child support, alimony, or marital property rights to a spouse, former spouse, or child of a Participant and is made pursuant to State domestic relations law.
(b) The court order clearly and unambiguously specifies that it refers to this Plan.
(c) The court order clearly and unambiguously specifies the name of the Participant's Employer.
(d) The court order clearly specifies: the name, mailing address, and social security number of the Participant; and the name, mailing address, and social security number of each alternate payee.
(e) The court order clearly specifies the amount or percentage, or the manner in which the amount or percentage is to be determined, of the Participant's benefit to be paid to or segregated for the separate account of the alternate payee.
(f) The court order expressly states that the alternate payee's segregated account shall bear all fees and expenses as though the alternate payee were a Participant.
(g) The court order clearly specifies that any distribution to the alternate payee becomes payable only after a Qualifying Distribution Event of the Participant and only upon the alternate payee's written claim made to the Administrator.
(h) The court order clearly specifies that any distribution to any alternate payee shall be payable only as a lump sum.
(i) The court order expressly states that it does not require this Plan to provide any type or form of benefit or any option not otherwise provided under this Plan.
(j) The court order expressly states that the order does not require this Plan to provide increased benefits.
(k) The court order expressly states that any provision of it that would have the effect of requiring any distribution to an alternate payee of deferred compensation that is required to be paid to another person under any court order is void.
(l) The ...
Plan-Approved Domestic Relations Order means a court
Plan-Approved Domestic Relations Order means a domestic relations order which:
Plan-Approved Domestic Relations Order means a judgment, decree, or order (including the approval of a settlement agreement) which is:
2.19.1 Issued pursuant to a State’s domestic relations law;
2.19.2 Relates to the provision of child support, alimony payments or marital property rights to a Spouse, former Spouse, child or other dependent of the Participant;
2.19.3 Creates or recognizes the right of a Spouse, former Spouse, child or other dependent of the Participant to receive all or a portion of the Participant’s benefits under the Plan;
2.19.4 Requires payment to such person of their interest in the Participant’s benefits in a lump sum payment at a specific time; and
2.19.5 Meets such other requirements established by the Employer.