(a)
- (1) Any benefit that would be due to the alternate payee under a QDRO accepted by the Arkansas Teacher Retirement System shall revert back to the member if the alternate payee dies before receiving the first benefit payment issued to him or her by the system.
- (2) An alternate payee’s portion of benefits payable to him or her under a QDRO accepted by the system shall not revert back to the member if the alternate payee dies after receiving the first benefit payment issued to him or her by the system.
(b)
- (1) If a member dies before retirement and a survivor annuity is not payable, the alternate payee shall receive the same portion of the member’s contributions, if any, as was assigned by the QDRO accepted by the system.
- (2) The alternate payee shall not receive monthly retirement annuity benefits from the system if the member has not received his or her retirement annuity at the time of his or her death.
(c) If a member dies after retiring from the system:
- (1) The alternate payee shall not be entitled to continue receiving his or her portion of benefits; and
- (2) The system shall cease paying the alternate payee his or her portion of benefits in the month immediately following the member’s date of death.
Codification Notes: “QDRO” means qualified domestic relations order.