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    Simplifying the QDRO Process through Common-Sense Disclosure Rights for Former Spouses [CC]

    Simplifying the QDRO Process through Common-Sense Disclosure Rights for Former Spouses [CC]
    CLE 90 min

    Simplifying the QDRO Process through Common-Sense Disclosure Rights for Former Spouses [CC]

    Divorced spouses, especially women, face numerous obstacles that can prevent them from accessing the retirement benefits to which they are legally entitled. Among these obstacles is difficulty accessing disclosures needed to obtain a Qualified Domestic Relations Order (QDRO), a court order that allows an ERISA plan participant's earned retirement benefits to be divided between the participant and his or her spouse at divorce or legal separation. The QDRO process is complex, and effective drafting requires access to plan documents and information. The 2021 ACEBC Pension Simplification Award-winning paper, authored by Emily Spreiser, raises this issue, and advocates simplification of the process by which former spouses of participants in ERISA-covered retirement plans obtain the documents and benefits information necessary to produce a properly drafted Qualified Domestic Relations Order (QDRO). The panel will discuss the problems raised in the paper, possible solutions, and the impact that adoption of these recommended changes may have on stakeholders, including former spouses, plans, and participants.

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    Closed Captioned.

    Moderator:

    Phyllis Borzi , Former Assistant Secretary of Labor for the Employee Benefits Security Administration (EBSA) during the Obama administration , Washington, DC

    Panelists:

    Randy Hardock , Of Counsel, Davis & Harman LLP, Washington, DC

    Kendra Isaacson , Senior Pensions Counsel, Senate HELP Committee (Majority Staff), Washington, DC

    Raechel Parolisi , Legal Director, Pension Rights Center, Plano, TX

    Emily Spreiser , Former Legal Director of the Pension Rights Center, Washington, DC

    MCLE Information

    The ABA will seek 1.5 hours of CLE credit in 60-minute states and 1.8 hours of CLE credit in 50-minute states in states accrediting ABA live webinars and teleconferences. *Credit hours granted are subject to each state's approval and credit rounding rules.

    *Florida Bar regulators have stated that attorneys will not receive Florida credit for any ABA program, even if they self-apply.

    Product Details

    External Sponsors

    American Benefits Council, American College of Employee Benefits Counsel, Erisa Industry Committee, Pension Rights Center

    Product Code

    EB2202WEBOLC

    Duration

    90

    Publication Date

    2/17/2022 12:00:00 AM

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