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QDRO Instruction Booklet (PDF) - IAM National Pension Fund

QDRO Instruction Booklet (PDF) - IAM National Pension Fund

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then the plan’s obligation to the participant and each alternate payee shall be discharged tothe extent of any payment made pursuant to such act.(J)A person who is an alternate payee under a qualified domestic relations order shall beconsidered for purposes of any provision of this Act a beneficiary under the plan. Nothingin the preceding sentence shall permit a requirement under section 4001 of the payment ofmore than 1 premium with respect to a participant for any period.(K)The term “alternate payee” means any spouse, former spouse, child or other dependent of aparticipant who is recognized by a domestic relations order as having a right to receive all,or a portion of, the benefits payable under a plan with respect to such participant.(L)(M)This paragraph shall not apply to any plan to which paragraph (1) does not apply.Payment of benefits by a pension plan in accordance with the applicable requirements of aqualified domestic relations order shall not be treated as garnishment for purposes of section 303(a) of theConsumer Credit Protection Act.161682_113

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