What happens to an alternate payees share of a retirement benefit if the retired member predeceases the alternate payee?
Payments of a retired member’s retirement benefit cease upon the retired member’s death. Payments of a share of that retirement benefit to the alternate payee accordingly cease as well. In order for an alternate payee to continue to receive payments from the Fund, the retired member must have elected a survivor benefit at the time of retirement in favor of the alternate payee.
Related Questions
- Can a QDRO under a defined benefit pension plan provide the alternate payee with "interest and investment earnings" on his/her assigned share of the benefits?
- What happens to an alternate payees share of a retirement benefit if the retired member predeceases the alternate payee?
- What happens to an alternate payees share of a retirement benefit if the alternate payee predeceases the retired member?
