§ 1302. Non-alienation of benefits - exceptions.  


Latest version.
  • No benefits which shall be payable under the Plan shall be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, garnishment, encumbrance or charge. With respect to benefits otherwise payable to a Participant, this section shall not apply to benefits payable to an Alternate Payee pursuant to a Qualified Domestic Relations Order (QDRO) as defined by the rules and procedures adopted by the Board of Trustees.

(Ord. No. 18142)