How long will the Alternate Payee be entitled to receive benefits from the Plan?
The Alternate Payee will receive benefits from the Plan for the lifetime of the Participant. In most circumstances, benefit payments will stop upon the death of the Participant. 43. Do all state and local government pension plans accept court orders awarding benefits to an Alternate Payee? No. Before distribution of benefits using a court order is negotiated, it is important to determine that such method of distribution is permitted under the terms of the Plan. 44. Does an Alternate Payee have the same options under a pension plan administered by a state or local government as are available under a private company or union? No. State and Local governmental pension plans do not fall under the guidelines of ERISA. Therefore, many of the options available to Alternate Payees under a company or union plan are not available under the government plan. 45. Can benefits be paid in the form of a lump sum benefit? No, but with one exception. The portion of the Participant’s monthly retirement al
