IGFOA On-Demand Webinar | 2021 PENSION INSTITUTE - PENSION BENEFIT ADMINISTRATION UPDATE: TIER 2, QILDROS AND CONVERSIONS KNOWING WHAT YOU DON’T KNOW
Registration for this event has closed.
|Delivery Method||On Demand|
|Field of Study||Personal Development - Non-Technical|
|Government / Partner Colleagues||$ 15.00|
This session will begin with a brief discussion of the update to the definition of a “Tier 2” member, with a detailed review of the changes to Tier 2 benefits resulting from the “consolidation” legislation. Next, the session will review the purpose of each of the required QILDRO forms and discuss the implications of remitting benefits with incomplete or missing QILDRO documents. Lastly, the session will review the components and process of calculating a conversion benefit under Article 3 and Article 4, highlighting the common errors and their consequences.
Learning Objectives: Participants completing this session will be able to:
1. Understand the changes to Tier
2 Definitions and Benefits from Public Acts 101-0610 and 101-0627; 2. Identify and understand the 3 required QILDRO forms; and 3. Understand the nuances of calculating conversion pensions.
Speaker: Allison Barrett, Director, Lauterbach & Amen, LLP
NASBA CPE: IGFOA on-demand webinars are not eligible for CPE
The GoToWebinar link to the on-demand training will be provided in the confirmation email once registration is completed.
Registration & Cancellation Policy
There are no refunds for purchases of on-demand webinars.
Copyright for On-Demand users: Anyone with access to this presentation from IGFOA for on-demand viewing will not share, rebroadcast, or otherwise use this presentation or materials without express written consent or authorization from IGFOA. © 2021
Illinois Government Finance Officers Association, 800 Roosevelt Road, Building C, Suite 312, Glen Ellyn, IL 60137
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