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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 590. Oklahoma Public Employees Retirement System |
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Chapter 40. Defined Contribution System |
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Subchapter 11. Qualified Domestic Relations Orders - Applicable to The 401(A) Plan and the 457(B) Plan |
SECTION 590:40-11-3. Filing a qualified domestic relations order
Latest version.
- A Participant, a Participant's former spouse, or the legal representative of either may file a qualified domestic relations order with OPERS. In not more than ninety (90) days of such filing, OPERS will acknowledge receipt and notify all parties listed in the order that the order has been accepted or that clarification of the order must be provided. All qualified domestic relations orders filed with OPERS must be in accordance with Oklahoma Statutes and this Subchapter. No rights or benefits shall be enforceable until the order is accepted by OPERS. Upon acceptance, OPERS shall send the order to the Recordkeeper for processing and payment in accordance with the order. The Recordkeeper may charge the Participant, the alternate payee, or both a fee for processing the order. Such fee may be deducted by the Recordkeeper from the accounts of the Participant and the alternate payee.