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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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11:19
That school’s* culture
11:23
Thanks Howl you're right :D I def talked about solving problems in my PS
12:03
@HowlEngineer: what's your dream school
MildChiller
12:08
"Have you applied for admission to [school] in a prior year" I applied in Oct. of the 23-24 cycle, should I put 23 or 24 as the year I applied?
MildChiller
12:09
Bcuz 2023 is when I technically applied but I applied for admissions in 2024
12:14
2024 cuz that's when you would've been admitted
I agree with Howl
12:19
Gecko what's ur dream school
Hard to say. I'm pretty firmly committed to the philly area so probably temple or villanova
Also relatively debt averse so I'd have to get a good scholarship from BC or Fordham to want to go but that's not very likely for me
Any advice? lol
[] baddestbunny
12:25
what’s a good scholarship for you? what would make BC or Fordham worth it?
12:25
Hmmmm let me think
[] baddestbunny
12:25
fordham’s max aid they give is 45k per year
Bunny I can possibly get a 75%+ scholarship from villanova or temple, and I'd be moving back in with my parents if I went there so I'd have near-zero COL. It'd be really hard to beat that
I would prefer BC over Fordham just because I like boston more, but I'm expecting a WL there tbh
I would maybe consider BC with $ but I don't know how to decide if a better biglaw chance is worth the COL + higher tuition
12:50
How do I know if my status checkers are properly linked
12:59
@ChowieBean: right now, Michigan, but there are several that come close. How about you?
13:05
@Law01: I haven't gotten the status checkers to work at all. When I sent an email to the LSData folks the other week, they said they were working on fixing them
13:10
but I think "Last Checked" would change from "Never" to something else
13:30
@HowlEngineer: I'll get more specific once I get my LSAT score, but NYU, Berk, GTown, UCLA
13:30
Anywhere that's top for PI
14:54
What do people typically write in the 'Optional Statement' for Georgetown
15:25
Yale application is wayyy too much work
15:28
So many apps want 'post-college activities' time to get a fuckin job
15:55
hey guys what happens if we dont have any honors or achievements oof, just don't include a section for it on the resume?
[] baddestbunny
16:01
They make the Yale app a lot of work to filter out the people who don’t really want it like that
16:25
@ChowieBean: i made a silly video for my optional statement :3
letsseehowitgoesnow
16:43
@ChowieBean: I wrote a DS and top 10 list lol
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