Notwithstanding any other law to the contrary, any deferred compensation program established on behalf of state employees under this part or under part 3 of this chapter shall honor claims under a qualified domestic relations order at a time designated by the state treasurer. For purposes of this section, “qualified domestic relations order” has the same meaning as provided in § 414(p) of the Internal Revenue Code of 1986 (26 U.S.C. § 414(p)); provided, that such order may only relate to the provision of marital property rights for the benefit of the former spouse of the deferred compensation program participant.
Structure 2021 Tennessee Code
Title 8 - Public Officers and Employees
Chapter 25 - Deferred or Tax-Sheltered Compensation Programs
Part 1 - Government Employees Deferred Compensation Plan Act
§ 8-25-102. Definition of Employee
§ 8-25-106. Program Supplemental
§ 8-25-107. Other Benefits Unaffected by Deferral
§ 8-25-108. Federal Income Tax Computation
§ 8-25-114. Plan Required to Honor Claims Under Qualified Domestic Relations Order