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TITLE 80: PUBLIC OFFICIALS AND EMPLOYEES
SUBTITLE D: RETIREMENT SYSTEMS CHAPTER II: STATE UNIVERSITIES RETIREMENT SYSTEM PART 1600 UNIVERSITIES RETIREMENT SECTION 1600.625 BENEFITS AFFECTED BY A QILDRO
Section 1600.625 Benefits Affected by a QILDRO
a) A QILDRO may apply only to the following benefits administered by SURS:
1) A monthly retirement benefit;
2) A single-sum retirement benefit;
3) A termination refund;
4) A partial member's refund; and
5) A death benefit.
b) If a QILDRO specifies a dollar amount payable to an alternate payee from any partial member's refund that becomes payable, the aggregate amount paid to the alternate payee from all partial member's refunds shall not exceed the dollar amount specified in the QILDRO.
c) A QILDRO shall not apply to any of the following:
1) A monthly survivor benefit;
2) A disability benefit;
3) A disability retirement annuity; and
4) An error refund.
d) Any option under a paragraph pertaining to a benefit that is left blank shall be interpreted to not apply to the order. If all options under a particular benefit are blank, then the alternate payee shall not receive any portion of the benefit.
(Source: Amended at 33 Ill. Reg. 10757, effective July 1, 2009) |