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Simple English definitions for legal terms

Retirement Equity Act of 1984

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A quick definition of Retirement Equity Act of 1984:

The Retirement Equity Act of 1984 is a law that says if a married couple gets divorced, the pension plan they had together must be divided fairly between them. The person in charge of the pension plan can give some of the money to the ex-spouse if a court says they should. This law helps make sure that both people get what they deserve from the pension plan after a divorce.

A more thorough explanation:

The Retirement Equity Act of 1984 is a federal law that requires private pension plans to follow court-ordered division of a pension between spouses. This law also allows the plan administrator to pay all or part of a worker's pensions and survivor benefits directly to a former spouse if the plan has been served with a court order that meets the federal requirements for a qualified domestic-relations order.

For example, if a couple gets divorced and the court orders that the husband's pension plan should be divided equally between the husband and wife, the Retirement Equity Act of 1984 requires the pension plan to comply with this court order. The plan administrator may also be required to pay a portion of the pension directly to the wife if the court order meets the requirements for a qualified domestic-relations order.

Another example would be if a husband and wife were married for 20 years and the husband worked for a company that had a pension plan. If the couple gets divorced and the court orders that the wife is entitled to a portion of the husband's pension, the Retirement Equity Act of 1984 requires the pension plan to comply with this court order and pay the wife her portion of the pension directly.

These examples illustrate how the Retirement Equity Act of 1984 ensures that spouses are entitled to a portion of their partner's pension in the event of a divorce, and that pension plans must comply with court orders regarding the division of pensions.

retirement annuity | retirement plan

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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