Recently, a federal district court in Virginia issued an opinion that highlights the importance of obtaining a qualified domestic relations order (QDRO) as part of a divorce decree or settlement. The newsletter reviews that decision and explains why plan administrators should consider educating participants and making materials available that will enable them to become aware of the implications of failing to obtain them during or in connection with divorce proceedings.
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Labor & Employment Law Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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