How are interest and investment earnings/losses calculated on the alternate payees share of the benefits?
A-31: Retroactive calculation of growth on the alternate payee’s share of the account balance from effective date of assignment to the current date (QDRO approval date): Annual interest and investment growth factors will be applied with partial year adjustments for the first and final year of the calculation. Growth from current date to date of distribution: If the alternate payee does not elect immediate distribution of his/her share of the benefits upon approval of the QDRO, benefits will be segregated and maintained in separate account(s) in the name of the alternate payee. Once new accounts are established, the alternate payee’s share of the benefits will grow with interest and investment income or losses in the some manner as the participant’s benefits under such accounts.
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