1. (a) In accordance with Acts 1993, No. 1143, the Arkansas Public Employees’ Retirement System will comply with qualified domestic relations orders (QDROs) issued by chancery courts in the State of Arkansas that meet the following conditions:

   1. (1) The QDRO is issued in accordance with all provisions of the model QDRO adopted by the Board of Trustees of the Arkansas Public Employees’ Retirement System and approved by the Legislative Council;
   2. (2) The QDRO, as specified in Section 1(3)(c) of Acts 1993, No. 1143, does not require the system to provide any type or form of benefit, or pay options not otherwise available under the system, does not require the system to provide increased benefits, and does not require the payment of benefits to an alternate payee which are required to be paid to another alternate payee under another order previously determined to be a QDRO; and
   3. (3) The QDRO is issued on or after the effective date of Acts 1993, No. 1143.
2. (b) The system will review QDROs for compliance with this section and notify appropriate parties of its findings.

3. (c) In those instances where the alternate payee selects alternative B under Section III (DURATION OF PAYMENTS TO ALTERNATE PAYEE) of the model QDRO, the actuary will use the following guidelines in computing an equivalent benefit to be paid for the alternate payee’s lifetime:

   1. (1) The interest rate will be the valuation rate;
   2. (2) The mortality table will be the 50/50 Table; and
   3. (3) The age used in the computation shall be the attained age at the last birth date prior to the effective date of the QDRO.

Codification Notes: This section as promulgated prior to codification into the Code of Arkansas Rules provided as follows: "208– 1993 (5) – Qualified Domestic Relations Orders (as amended 1994)"