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.

 

e)         Any QILDRO or QILDRO Calculation Court Order purporting to apply to any accelerated pension benefit payment under Section 15-185.5 or 15-185.6 of the Code shall be accompanied by a stipulated court order directing the manner and amounts of the division of the payment.  If the payment would diminish any amounts payable to any other alternate payee having priority over the current alternate payee, payment shall not be divided unless all affected parties have entered into stipulated court orders directing the manner of the division of the payment.

 

(Source:  Amended at 43 Ill. Reg. 8562, effective July 26, 2019)