1. Division of Employer and Employee Contributions
In defined benefit plans like the Axens North America, Inc.. Pension Savings Plan, employees typically don’t have “account balances” like in a 401(k). Instead, benefits are calculated based on formulas involving years of service and salary. Even so, courts usually award a portion of the future benefit to the non-employee spouse. The QDRO must include clear language that outlines:
- Whether the award is based on the “marital coverture” formula (e.g., time earned during the marriage)
- If gains or cost-of-living adjustments should apply to the alternate payee’s award
- Whether survivor benefits are awarded
PeacockQDROs makes sure your order includes the necessary actuarial language that’s acceptable to the Axens north america, Inc.. pension savings plan.

