N.J. Admin. Code § 17:6-9.4

Current through Register Vol. 56, No. 23, December 2, 2024
Section 17:6-9.4 - Investment direction during domestic relations matter

Notwithstanding any notice to the Plan Administrator or to any other person dealing with or performing services regarding the Retirement Plan that a domestic relations order is or may be presented to be determined as a QDRO, the participant shall continue to exercise his or her duty of investment direction as required by the Retirement Plan unless a court order expressly provides otherwise and the Plan Administrator determines that the court order is a QDRO. If a QDRO provides for an alternate payee or any person other than the participant to have a right of investment direction under the Retirement Plan, the Plan Administrator shall give effect to that court order to the extent permitted by the Retirement Plan.

N.J. Admin. Code § 17:6-9.4