* Administering Health, Pension and Vacation Benefits For the Men and Women Who Help Build the Southwest *
Divorce Decree, if you divorce, you must promptly notify the Administrative Office of your divorce and provide a complete copy of the divorce decree and all property settlement pages. You should update your Beneficiary Designation Form after your divorce is finalized.
Domestic Relations Order, The Retirement Equity Act of 1984 provides that the Plan must recognize any Qualified Domestic Relations Order and make payments as directed by the Order to any spouse, former spouse, child or other dependent of a Plan participant specified by the Order. A Qualified Domestic Relations Order (QDRO) is a state domestic relations order, such as a divorce decree, which creates or recognizes an alternate payee’s right to, or assigns to an alternate payee the right to, receive all of or a portion of the benefits payable to a participant under the Plan and satisfies the requirements for a QDRO under federal law.
The Trustees have adopted formal QDRO Procedures for the treatment of domestic relations orders received by the Plan. You may review these procedures on this website or contact the Administrative Office.