Salt1968

Hi, No I'm not counsel. I promise. I'm just trying to figure this out. It just seems weird that this would happen and I'm trying to see if this has any effect on the alternate payee. I'm a legal assistant and don't have anything to do with the Plan Administrator. I draw up the QDROs for all different plans and this is the first time I have come across a termination and don't really understand how this works.

I'm really trying to see if this should throw a "Red" flag. The parties enter into a settlement wherein the alternate payee is paid 50% of the payee's Defined Benefit Plan. This is a small business. After the Consent is signed but before the QDRO is entered the Plan is scheduled for termination by the Plan administrator. The "Plan administrator" happens to also be the Participant. Could this affect the alternate payee's 50%? Something just doesn't feel right. I'm afraid someone is trying to pull a fast one. The participant has not retired at this point. They are asking that the QDRO, after initial review include termination language.