Daily Archives: June 21, 2022

Are you divorcing in a state other than Nevada with a Public Employees’ Retirement System of Nevada Plan?

NRS 286.6703 requires the following: The judgment, decree or order submitted to the Executive Officer must be signed by a district judge, the judges of the Court of Appeals or by the justices of the Supreme Court and entered and certified by the clerk of the district court or the Clerk of the Supreme Court. 3. In order to split a…

Are you aware of the differences between a separate interest pension approach vs. shared payment pension approach for defined benefit plans?

A QDRO that creates a “separate-interest” divides the participant’s pension benefits into two separate portions with the intent of giving the alternate payee a separate right to receive a portion of the pension retirement benefit to be paid at a time and in a form different from that chosen by the alternate payee (other than…