Legal Update
Apr 13, 2007
New Labor Department Rules Allow QDROs Issued After Participant’s Death
The Department of Labor has issued new regulations, effective April 6, 2007, which clarify certain issues relating to domestic relations orders under ERISA. In particular, the new regulations allow a valid QDRO to be issued even after the participant has died. Plan administrators will need to change their QDRO procedures to the extent they are inconsistent with the new regulations.
Seyfarth Shaw LLP provides this information as a service to clients and other friends for educational purposes only. It should not be construed or relied on as legal advice or to create a lawyer-client relationship. Readers should not act upon this information without seeking advice from their professional advisers.