Legal Dictionary of Pakistan

qualified domestic-relations order.

A statecourt order or judgment that relates to alimony, child support, or some other state domesticrelation matter and that (1) recognizes or provides for an alternate payee's right to receive all or part of any benefits due a participant under a pension, profit-sharing, or other retirement benefit plan, (2) otherwise satisfies the provisions of section 414 of the Internal Revenue Code, and (3) is exempt from the ERISA rule prohibiting the assignment of plan benefits. ( Among other things, the QDRO must set out certain facts, including the name and lastknown mailing address of the plan participant and alternate payee, the amount or percentage of benefits going to the alternate payee, and the number of payments to which the plan applies. The benefits provided under a QDRO are treated as income to the actual recipient. IRC (26 USCA) § 414(p)(1)(A); 29 USCA § 1056(d)(3)(D)(i). - Abbr. QDRO.