DoL Releases PPA-Generated Rule on QDROs
The PPA requires DoL issue regulations by August 2007 clarifying that a domestic relations order otherwise meeting the Employee Retirement Income Security Act’s (ERISA) requirements would not fail to be treated as a QDRO solely because of when it is issued or because it is issued after, or revises, another domestic relations order, according to a DoL news release.
The rule includes examples to address various circumstances involving the timing of a domestic relations order.
The full text of the rule is here .
While the rule will become effective 30 days after publication, the public is invited to submit written comments electronically to e-ORI@dol.gov or through the federal e-rulemaking portal at www.regulations.gov .