Qualified Domestic Relations Order (QDRO)
A QDRO is a legal order resulting from a divorce or legal separation that gives the divorced spouse or other dependent (alternate payee) their share of an asset, such as a pension or retirement plan benefit.
The Fund does not write the QDRO. This must be done by you or your attorney. The QDRO must comply with the Plan’s procedures for administering a QDRO and must be entered by a court.
The Fund has specific procedures for administering a QDRO. To assist you or your attorney, the Fund has provided sample model language. You are encouraged to submit a draft order to the Fund for review prior to its entry in Court.
The model QDRO is for use under a Shared Payment Approach, Separate Interest Approach or for child support.
Please note that the Plan’s legal name and address are:
Local 705 International Brotherhood of Teamsters Pension Plan
1645 West Jackson Boulevard
Chicago, IL 60612
The Plan Administrator is Jack Witt.
You should be aware that when your draft Order is received by the Pension Fund, it will be reviewed and, when appropriate, recommended to the Board of Trustees for their approval.
Further note that the Fund will not release any information with respect to our Participant’s pension benefits without her/his written authorization, or unless required by subpoena.