13.07.2015 Views

IPERS QDRO Instruction Packet

IPERS QDRO Instruction Packet

IPERS QDRO Instruction Packet

SHOW MORE
SHOW LESS
  • No tags were found...

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Optional Paragraphs 5A-5F:A. Dividends/Cost-of-Living IncreasesIf <strong>IPERS</strong> pays a dividend, a cost-of-living increase, or any other postretirementbenefit increase to the Member, the Alternate Payee shall receive a share of saidincrease. The Alternate Payee’s share of such increase will be in the same proportionas determined in Paragraph 3.-OR-If <strong>IPERS</strong> pays a dividend, a cost-of-living increase, or any other postretirementbenefit increase to the Member, the Alternate Payee shall receive a share of saidincrease. The Alternate Payee’s share of such increase shall be determined on a prorata basis.B. Successor Alternate PayeeIf the Alternate Payee dies before the Member, the amounts that would have been payableto the Alternate Payee under this Order, except amounts payable to the Alternate Payee as acontingent annuitant, shall be paid to (insert name of Successor Alternate Payee), whosecurrent mailing address is (insert Address of Successor Alternate Payee).NOTE 1: A Successor Alternate Payee must be a person (or people), not an estate or trust.Drafters may list more than one Successor Alternate Payee, in addition to a Trustee if theSuccessors are minor children.NOTE 2: Drafters must provide full name(s), address(es), date(s) of birth, and socialsecurity number(s) on the Confidential Information form.Effective May 8, 201318

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!