Webinar - Determining QDRO Awards

When:  Dec 16, 2015 from 12:00 PM to 01:40 PM (ET)
Featuring:
Mark K. Altschuler, M.S.
Author: Value of Pensions & Divorce (Wolters Kluwer)
President and Actuary, Pension Analysis Consultants, Inc. (Elkins Park, PA)
Jennifer A. Brandt, Esq.
Cozen O’Connor (Philadelphia and Cherry Hill)

About The Program:

Understanding Offsetting Methodology including Survivor Benefits with the Award, with Special Attention to the NJ State Systems


QDROs (qualified domestic relations orders) allow a plan administrator to transfer plan assets from a titled spouse to a non-titled spouse after a divorce has been finalized. Since pensions are often the single largest asset a couple can hold, family attorneys must have an understanding of the methodologies used by pension administrators to distribute pension assets and how survivors are treated when the titled spouse dies. There are many methods depending on the type of plan involved.

This informative lunch-time webinar demystifies the calculations and formulas pension administrators commonly use and discusses issues relating to the New Jersey State Pensions system every family lawyer should know.


Topics for discussion include:
• 3 Main Errors of Property Settlement Agreements
• Pension Train Diagram and the Marx formula
• Sample Pension Valuations, including the White Social Security Offset and why the GATT
   interest rate is obsolete
• Introduction to partial offset methodology under Risoldi and the error in Abel
• Valuation of a defined contribution plan and why it should be valued as part of E.D.
• Survivor benefits in the New Jersey State Systems
• How to determine the Marx QDRO percentage and avoid the dollar award error in defined
   benefit plans
• Offset of a 401(k) vs. pension using partial offset
• Offset of a 401(k) vs. cash, including tax discount for offsetting pre-tax and post-tax assets
• Introduction to the concept of “grossing up” post-tax assets for purpose of offsetting
   against pre-tax assets
• Offset of 401(k), TPAF pension, and house
• House/pension partial offset scheme that avoids selling house or wife borrowing money
   to keep it
• 60:40 global asset division scenario
• Offset as of complaint date scenario

ONLINE ONLY
What is a Webinar?
A webinar is a highly convenient way to attend a live program online, without leaving your home or office.

You can:
• Log on from any location, as long as you have phone and web access
• Earn CLE credit while you eat your lunch
• View & download program materials
• Ask questions of presenters You will receive an email the morning of the webinar with login
   instructions. Pre-registration is required.

Please Note: Registrants must have Java (www.java.com) installed and running on their computer in order to participate in the webinar.

CLE Credits:
NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 2.0 hours of total CLE credit. Of these, 2.0 qualify as hours of credit towards certification in matrimonial law.

NJ CLE:

 Please note - This program is presented as an alternative verifiable learning format, and has been approved for 2.0 credits (50 minute hour)
PA CLE: 1.5 substantive credits pending ($8 fee – separate check payable to NJICLE must be submitted at the end of the program)

NY CLE (nt):

 2.0 professional practice credits
Please note: In order to receive credits, you must be logged in promptly and remain active throughout the program.

W37700W5

Location

WEBINAR