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HomeMy WebLinkAbout86-0192' ~ ~ ~ ' ~ EC 0 81997 IN THE COURT OF COMMON PLEAS FOR CUMBERLAND COUNTY, PENNSYLVANIA CHARLES HOWE, Plaintiff Civil Action-Law V. Action in Divorce JOHANNA HOWE, N0. 192-1986 S70HANNA ZEPP, Defendant C)PD~:R. OF Tf~F C0~)RT ~/~~--- A'`1i; IvOW. t~~i _11..__ ~' ~y :~,f PF r ~ rr~-~~~ r' , 7;~7 ; },:~. ,'1.i~7~.' "i,,°i ~~nd Agreement ~:f December 22, IJ3C betW~~e1y -i,}ie {~-::i-. t.'i.`:~ _ :1 Xi t}"::I. GaSE' c~S WN'1 i ~:i::~ ti1P L~f~CI't:'!3 LI7. T~,,C ~:~t ~~:F i]`.;7'F.~~}. T1F - n f n ~ - .... '.Tii':..:i` >4~, ~~t~t~ W~"'i1C}7 ,n~`'t:~Y' ) ] , tt; 'F=iY!~'TL'}, ~~ 'r _E:.i7l~i~;Y' r;n, ~~~ arc 1T]CC~r~'~~~rc~.~.e(a, }Jllt 7]C:~'i`, R1i_±~..~~~~~, ' U ,.+ r 1 -~ '" t A ._~ i t" r-, ~.~ r,~ ~ ,Y. ~ f t}~. ~_.~ ur-t, W}i~.c ~ r _ t:-. tie ..~:fr-,n~i.~r !, C~ ~ ~` BY THE COURT ~ _..~ r_~ P. ~. i:~ + cl .l.J ~~ _. .^^1 +., n .. ~; ,'~ ~:~ ~.,.,: IN THE COURT OF COMMON PLEAS FOR CUMBERLAND COUNTY, PENNSYLVANIA CHARLES HOWE, Plaintiff Civil Action-Law Action in Divorce V. JOHANNA HOWE, 30HANNA ZEPP, = Defendant N0. 192-1986 AND NOW, i~1~~Y'e :~~TYtF?._ t,hc-~ (.efend.ant/petiti.c.nc'Y~, Joh<-,r,r1_, Zc-~x~~y , .,, - , .-, , , , . r, r, _ „ ~ i i i .... ~ i i. ~) « ~ i_.! 1 fF r A t t t..) ~ Y] <_' Jr > T r ` ~ ~ ' , `1 I + __ ' - t ~ i - + - y ,.}I ::, }ic~~:,.~?' i}i ; e, ('r•r t ."' -~ 1 l.r !,f-`Y "fl :.; c: t,}t ~ ),T:., f' _ ,.,~.)r.. ,,-.~ 1~_i~E ,~, ~, t _, ~ n l n n fl {. ~ i ~ r ~}~t.._ itir'il,, ii; !,t!11S ri.<j t.t.'T" G.f -•{3.:EviTl.~:C ..~. , 1. )sa.! ., .,~ :'t. ~!, i.T"i(:i:1r1~, ~-~'C '~`:'1° .!f i.}11S .i;i7t'~.. T}11i I'C!i~ 't ~)F_-' .:~OI-its' LT1 ~i1 u• I' 1,,:~ 1, `. ?"•^~11i%~f!ijr:~ ;"ff CCjrCilY:i"l~W~._,%1~1_~t.~i`1 ~~ ~t ~';',.-~/~ti'=1;~~ii :~+ ,.,;~ r' , n y ~ # ~~y:;t,E)Ifl ~~ }~%:ry.ti::. U?,lrr?ii -r~~t, _~CCtpiV 0;1 _._ :. . , : r .t . ~.,~~IrirYtk,ttG;)t~r~ ~ ~t.lgqi i ~ ~.r~~ t- ::, c ~:: ci,~= (ri _ ~ i=-` `------L s __~ .. ~, ,~ ;~~~-, '. 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"4 :' '•, i x,.v ....; ~ ~ ... ~ r,....~i ~~:.. ~ ~,.-.,.,i ~~,.., y ~y:.,w ~;...,~ ~;,..~.jr~. rx:w~~ r • ~ ,. ~i i .cw .~.oi.,. ~.~.:: ~,. .: ~.-.. ,.~-„~.r ~•....~... ~~i'-,..!~•; .%~if%-. >: ~~•-.. ~•-,. ~.-, .,. ~.-.. ~'~~.....~ ~.-..: ~-... ~,. e1~A'~.+: ~Lo~w•u~w.~~w... ~x:. ~i.-:.. ~.:.•.~~i..~S~~.~ ii ~~ )~ i N THE COURT OF COMMON PLEAS ,_, OF CUMBERLAND COUNTY iS A .,~ STATE OF PENNA. ..~ ,. • `° .: .---CHARLES L.-_-HOWE, '' .: 192 Civil 86 N c~ ......................... .... 19 %: ------------------------------------ ---P_].aa.ntif~----------------------- ~ ..; Versus ,,.: JOHANNA HOWE, j . : ~ D - -- ----- - - -- ---- - ---- ------- -efend~nt. ----- - ----- ,,.. .: , . i .; %: ;. ~; :~ ,. %; DECREE IN %: ~' DIVORCE ~: ~ AND NOW, ....D~~em~~~•, 3Q , , , , , , , , , , 19 8b... it is ordered and ...,CHARLES, L.,HOwE,,,,,,,,,,,,,,,,,,,,, plaintiff, decreed that ..... -: , . ;. and ................... aoxz~rtrtp, .~Or~ ...................... ,defendant, '% are divorced from the bonds of matrimony. ,,, :: -. The court retains jurisdiction of the following claims which have .._ been raised of record in this action for which a final order has not yet been entered; ,< ; ,•, The Settlement Agreement , of .December, 22 ~ ,1986 ~ , is, incorporated, as, a ~' ,final order and ,the .court ,ret;ai.ns , jttri~c~i~t~p>Z, q~, (1p, p~~1~X', ~laj.CnS,., , , , , , , , i ., .: i %~ By The Court -.: /s/ Harold E. Sheely - Attest:Lawrence E. Welker, Prothonotagp~• e ~'--.. --- - --Y4-'..-~~ ------ -- ...------ ~! ~. d Deputy Prothonotary ~' CERTIFIED COPY ISSUED NOVEMBER 18, 1997 SETTLEMENT AGREEMENT THIS AGREEMENT, made this day of , 1986, by and between CHARLES L. HOWE, hereinafter called Husband, and JOHANNA HOWE, hereinafter called Wife; WITNESSETH: WHEREAS, Husband and Wife were lawfully married on March 19, 1965; and WHEREAS, differences have arisen between Husband and Wife in consequence of which they have determined to live separate and apart from each other and have consented to a mutual consent divorce; and WHEREAS, Husband and Wife desire to settle and determine their rights and obligations. NOW, THEREFORE, the parties, intending to be legally bound hereby, agree as follows: 1. Separation. It shall be lawful for each party at all times hereafter to live separate and apart from the other at such place as he or she may from time to time choose or deem fit. The foregoing provision shall not be taken as admission on the part of either party of the lawfulness or unlawfulness of the causes leading to them living apart. 2. Division of Personal Property. The parties have divided between them to their mutual satisfaction the personal effects, household furniture and furnishings, and all other articles of personal property which have heretofore been used by them in common, and neither will make any claim to any such items which are now in possession or control of the other, except as otherwise set forth herein. Parties agree to see that the autos in their respective possessions are titled in their individual names now or at such future time as requested. 3. Debts. Except for the debts and obligations created hereunder, each party agrees to pay and hereby agrees to hold the other harmless from any and all personal debts and obligations incurred by him or her subsequent to the date of separation. If any claim, action or proceeding is hereafter brought seeking to hold the other party liable on account of such debts or obligations, each party will at his or, her sole expense defend the other party against any such claim, action or proceedings, whether or not well-founded, and indemnify the other party against any loss or liability resulting therefrom. Husband agrees to pay the sum of $390 to Conrad M. Siegel, Inc., pursuant to the agreement of the parties and Order of Court of July 21, 1986. 4. Waiver of Alimony. Each party hereby waives any claim for alimony, support or counsel fees for themselves under the Divorce Code of 1980 (Act 26 of 1980) and acknowledges ownership of sufficient property to meet their reasonable needs. 5. Pension Plan. The husband has a pension through his Pennsylvania government employment which is vested. The present value of his pension averages $45,146.00 according to an evaluation by Conrad M. Seigel, Inc., and the Husband had contri- buted to that pension the sum of $18,934.70 when the parties separated. The parties agree that in the event the Husband ceases his employment and withdraws, pursuant to option 4, his SERS contributions plus interest, that wife will receive her proportionate share of that amount withdrawn in relation to one- half the present SERS contributions plus interest or, as otherwise stated, $9,411.62 plus interest as paid by the plan from February 1, 1986 to the date of withdrawal. In addition, Husband agrees to assign to wife a percentage of his retirement benefits based upon the length of the marriage in relation to the total time employed by the Commonwealth multiplied by one-half of the benefit payments. This is commonly referred to as the coverture fraction and is calculated as follows: (length of marriage expressed in years) 17.466 X .5 X amount of = payment benefit to wife (length of employment expressed in years) Unknown at present time 6. Custody and Support. The parties agree that custody and visitation of their minor child, David, shall provide for primary physical custody in the Wife, with liberal partial custody in Husband as the parties shall agree. Both parents acknowledge that it is in the best interest of their child that he remain close, in the familial sense, to both parents, and the parties shall confer with each other on all important matters pertaining to the child's health, welfare, education and maintenance, with a view toward obtaining and following a harmonious policy. The parties agree that the support for David shall be as determined through proceedings in the Cumberland County Domestic Relations Office and/or as ordered by a court of competent jurisdiction. 7. Equitable Property. This Agreement constitutes an equitable division of the parties' marital property. The parties have determined that the division of this property conforms to a just and right standard, with due regard to the rights of each party. The division of existing marital property is not intended by the parties to constitute in any way a sale or exchange of assets, and the division is being effectuated without the introduction of outside funds or other property not constituting the matrimcniul estate. 8. Release of All Claims. Each party, except as otherwise provided for in this Agreement, releases the other from all claims, liabilities, debts, obligations, actions and causes of action of every kind that have been incurred, or may be incurred, relating to or arising from the marriage between the parties. However, neither party is relieved or discharged from any obligations under this Agreement or under any instrument or document executed pursuant to this Agreement. 9. Breach. If either party breaches any provision of this Agreement, the other party shall have the right, at his or her election, to sue for damages for such breach, and seek any other remedy allowed in law or equity. The party breaching this contract shall be responsible for the payment of legal fees and costs incurred by the other in enforcing his or her rights under this Agreement, or seeking such other remedy or relief as may be available to him or her. Waiver by one party of any breach of this Agreement by the other party shall not be deemed a waiver of any subsequent, similar breach or other breaches. 10. Full Disclosure. Husband and Wife each represent and warrant to the other that he or she has made a full and complete disclosure to the other of all assets of any nature whatsoever in which such party has an interest, of the source and amount of the income of such party of every type whatsoever and all other facts relating to the subject matter of this Agreement. 11. Divorce. This Agreement shall not be construed to affect or bar the right of either Husband or Wife to a true and absolute divorce on legal and truthful grounds as they now exist or may hereafter arise. It is understood, however, that Husband as of the signing of this Agreement, has filed an action in divorce in the Court of Common Pleas of Cumberland County, in which he alleges that the marriage is irretrievably broken. Both parties understand and agree that Husband shall continue to pursue said divorce on the grounds that the marriage is irretrievably broken, and that both parties will execute, deliver and file the necessary affidavits and all other petitions or documents necessary to effectuate the divorce pursuant to Section 201 (c) of the Divorce Code. Wife agrees that the marriage is irretrievably broken. 12. Representation of Parties by Counsel. Each party has had the opportunity to have legal counsel to represent each of them in the negotiation and preparation of this Agreement and has either been so represented or has voluntarily chosen not to be represented. Each party has carefully read this Agreement and is completely aware, not only of its contents, but also of its legal effect. 13. Additional Instruments. Each of the parties shall on demand or within a reasonable period thereafter, execute and deliver any and all other documents and do or cause to be done any other act or thing that may be necessary or desirable to effectuate the provisions and purposes of this Agreement. If either party fails on demand to comply with the provision, that party shall pay to the other all attorneys' fees, costs and other expenses reasonably incurred as a result of such failure. 14. Modification and Waiver. Modification or waiver of any provision of this Agreement shall be effective only if made in writing and executed with the same formality as this Agreement. The failure of either party to insist upon strict performance of any of the provisions of this Agreement shall not be construed as a waiver of any subsequent default of the same or similar nature. 15. Descriptive Headings. The descriptive headings used herein are for convenience only. They shall have no effect whatsoever in determining the rights or obligations of the parties. 16. Successors and Assigns. This Agreement, except as ,otherwise expressly provided herein, shall be binding upon and shall inure to the benefit of the respective legatees, devisees, heirs, executors, administrators, assignees and successors in interest to the parties. 17. Governing Law. This Agreement shall be governed by and shall be construed in accordance with the laws of the Commonwealth of Pennsylvania. 18. Order of Court. Agreement to be entered as an Order when divorce is granted. IN WITNESS WHEREOF, intending to be legally bound hereby, the parties hereto have hereunto set their hands and seals the day and year first above written. WITNESS: (SEAL) CHARLES L. HOWE JOHANNA HOWE (SEAL) ADDENDUM TO PARAGRAPH 5 In the event the pension becomes assignable, Husband will assign said percent of his retirement benefits to Wife. If Husband dies prior to retirement, or if the pension vests and Husband dies, Wife will receive a percentage of any death benefit payable to Husband's beneficiary represented by the coverture fraction stated above. In event Wife dies, any benefit payable to her under the terms of this agree- ment shall become payable to Barbara Howe, Thomas Howe, Deiter Howe and David Howe, in equal shares, as Wife's beneficiaries. WITNESS: (SEAL) Charles L. Howe Johanna Howe (SEAL) November 13, 1997 Johanna Zepp 14 Kenwood Avenue Carlisle, PA 17013 COMMONWEALTIi OF PENNSYLVANIA STATE EMPLOYES' RETIREMENT SYSTEM LEGAL OFFICE TELEPHONE (717) 783-7317 FACSIMII.E (717) 787-5751 Re: Domestic Relations Order Dear Ms. Zepp: This letter is in response to your request for information relative to obtaining an approved Domestic Relations Order ("DRO"). For your information, I am attaching a sample DRO. The Commonwealth of Pennsylvania, State Employes' Retirement System ("SERB") is a governmental plan administered by a Commonwealth agency for governmental employees. Federal pension statutes and requirements contained in the Employee Retirement Income Security Act ("FRIBA"), the Retirement Equity Act of 1984 and the Internal Revenue Code regarding qualified domestic relations orders ("QDROs") and spousal consent do not apply to SERB as a governmental plan. Unlike ERISA plans, this means that in the absence of an appropriate court order, a member may take any action with regard to his retirement benefits without any notice or consent required from anyone, including his spouse. Rather, any attachment of a member's SERB retirement benefits for purposes of equitable distribution must be accomplished through the terms of an Approved Domestic Relations Order ("ADRO"). Given the nature of your inquiry, I feel it necessary to inform you of the prerequisites for approval by SERB of any Domestic Relations Order ("DRO").' First, in no case can the DRO alter the SERB' benefit structure. The retirement options available to members under the State Employes' Retirement Code, 71 Pa.C.S. § 5101 et seq. ("Retirement Code") are exhaustive. All DROs must utilize the benefit structure as established by the General Assembly. 71 Pa.C.S. §§ 5701-5710. Any substantive changes to the benefit structure are outside the jurisdiction of the Courts of Common Pleas as actions which directly affect the rights of SERB. Millick v. Millick, 140 Pa. Commonwealth Ct. 252, 592 A.2d 788 (1991). 'The requirements for SERB' approval of a DRO are set forth in the following sections of the State Employes' Retirement Code, 71 Pa.C.S. Section 5101 et sew.: Section 5102 (definitions of alternate payee, approved domestic relations order, domestic relations order, irrevocable beneficiary and irrevocable survivor annuitant), Section 5705, Section 5953, Section 5953.1, Section 5953.2, Section 5953.3 and Section 5953.4. Mail Address: Box 1147, Harrisburg, PA 17108 Express Address: 30 North Third Street, 5th Floor, Harrisburg, PA 17101 Johanna Zepp November 13, 1997 Page 2 Second, actions required of SERS must be clear and unambiguous within the four corners of the DRO submitted. Information which generally should appear in the document includes: A. The coverture fraction, if any. That is, the portion of the retirement benefits attributable to the marriage. This statement must include the actual dates (month, day, year) of the measuring period. B. The marital share of the retirement monies. This figure may be expressed in either a percentage or dollar amount. C. The benefit to be split. In the DRO, the actual retirement benefit option plan to be attached should be identified as it is described under the Retirement Code (e.g. Maximum Single Life Annuity, Option 1, etc.). If the benefit to be split is not identified in the DRO then the member spouse is free to select any retirement option available at retirement, which could have the effect of reducing the payout to the non-member spouse. Further, absence of specificity may render the DRO vague and unenforceable and may subject the parties to further litigation.as to how distribution should occur. Third, the address of the non-member spouse must appear in the DRO and that spouse must maintain a current address on file with SERS. The duty of the non-member spouse to so maintain an address must appear in the document. Payments under an acceptable DRO will be made separately to the non-member spouse or his/her estate, if applicable. Fourth, any and all tax liability attaches to monies as disbursed. IRS Form 1099's will follow the money. The parties are free to .allocate tax liability as they wish outside the parameters of the retirement benefits in question. Consistent with the fiduciary duty of SERS to its members, any non-taxable benefits shall be paid solely to the member spouse to the extent possible in the absence of language in the DRO to the contrary. Fifth, the rights of non-member spouses are entirely derivative of the member spouse's rights. To that end, non-member spouses may not elect beneficiaries, choose benefits, etc. Full satisfaction of the non-member spouse's claim to retirement benefits must occur via judicial compulsion of the member spouse by the terms of an acceptable DRO. It is possible, however, to draft a paragraph which directs the member spouse to select a particular retirement option. The option selected is a choice to be made by the parties. Sixth, the DRO should contain statements that the member spouse will execute an authorization in order to enable the non-member spouse to monitor compliance as well as to obtain information concerning retirement benefit valuation. Johanna Zepp November 13, 1997 Page 3 Seventh, the "present value" indicated on some SERS benefits statements is a statutorily defined term which may be at variance with other commonly accepted definitions of present value. The term as used in the benefits statements and the Retirement Code does accurately show the available Option 1 death benefit but may not reflect current market indications of the value of the future stream of income from a member's retirement benefits. For example, SERS must use the statutorily mandated interest rate of 4% when calculating present value. 71 Pa. C.S. § 5102 (definition of statutory interest). Please be advised that--where the DRO provides that the non-member spouse is entitled to a marital portion of any death benefit payable-the DRO must nominate the non-member spouse as an irrevocable beneficiary accordingly.2 Finally, the parties to the divorce should be aware that failure by those parties. to perform actions required by the terms of a DRO may lead to initiation of a contempt action by either party against the nonconforming party. A sample DRO is enclosed for your consideration in drafting an appropriate order. We are willing to review a draft order for compliance with our requirements. Please contact me for any further assistance Very truly yours, Darlene Thumma SERS Paralegal Enclosure cc: SERS Legal Division ZThis may not be relevant in some instances, when designating the Alternate Payee as survivor annuitant under certain benefit plan options. In certain instances, the member may be required to nominate the non-member spouse as beneficiary on a SERS Beneficiary Form, depending on the facts of the case. COURT OF COMMON PLEAS OF PENNSYLVANIA COUNTY, ,: FAMILY DIVISION Plaintiff v. NO. IN DIVORCE Defendant STIPULATION FOR THE ENTRY OF "DOMESTIC RELATIONS ORDER" 3 AND NOW, this day of 19_, the parties, Plaintiff, and ,Defendant, do hereby Agree and Stipulate as follows: 1. The Plaintiff, , (hereinafter referred to as "Member") is a member of the Commonwealth of Pennsylvania, State Employes' Retirement System (hereinafter referred to as "SERB"). 2. SERB, as a creature of statute, is controlled by the State Employes' Retirement Code, 71 Pa. C.S. §§ 5101-5956 ("Retirement Code"). 'This sample order has been drafted assuming the Member is the Plaintiff-Husband and the NonMember is the is the Defendant-Wife. Please modify it to fit the facts of your case. COURT OF COMMON PLEAS OF Plaintiff v. Defendant AND NOW, this Stipulation and Agreement dated _ not merged, into this Order of Court. COUNTY, PENNSYLVANIA FAMILY DIVISION NO. IN DIVORCE ORDER day of , 1997, the attached of the parties in this case is incorporated, but J. ATTEST: 3. Member's date of birth is Security number is and his Social 4. The Defendant, (hereinafter referred to as "Alternate Payee") is the former spouse of Member. Alternate Payee's date of birth is and her Social Security number is 5. Member's last known mailing address is: 6. Alternate Payee's current mailing address is: It is the responsibility of Alternate Payee to keep a current mailing address on file with SERS at all times. 7. [This paragraph should define the portion of the retirement benefits to be assigned to the alternate payee. The following are merely suggestions.] 2 [(a) The marital property component of Member's retirement benefit equals: (1) the Coverture Fraction multiplied by (2) the Member's retirement benefit on the effective date of Member's retirement calculated by using the Member's final average salary on mm/dd/yy (date of separation) instead of the Member's actual final average salary. (b) The Coverture Fraction is a fraction with a value less than or equal to one. The numerator is the amount of Member's service, as defined by SERS, for the period of time from mm/dd/yy (date of marriage), to mm/dd/yy (date of separation). The denominator is the total amount of Member's service, as defined by SERS, on the effective date of Member's retirement. (c) percent ( %) of the marital property component of Member's retirement benefit is to be allocated to the Alternate Payee as her equitable distribution portion of this marital asset.] OR [The Alternate Payee's share of the member's retirement benefits is $ ( dollars).] OR [Your method here] 3 8. Member's retirement benefit is defined as all monies paid to or on behalf of Member by SERS, including any lump sum withdrawals or scheduled or ad hoc increases, but excluding the disability portion of any disability annuities paid to Member by SERS or any deferred compensation benefits paid to Member by SERS. The equitable distribution portion of the marital property component of Member's retirement benefit, as set forth in Paragraph Seven (7), shall be payable to Alternate Payee and shall commence as soon as administratively feasible on or about the date the Member actually enters pay status and SERS approves a Domestic Relations Order incorporating this Stipulation and Agreement, whichever is later. 9. Member hereby nominates Alternate Payee as an irrevocable beneficiary to the extent of Alternate Payee's equitable distribution portion of Member's retirement benefit for any death benefits payable by SERS. This nomination shall become effective upon approval by the Secretary of the Retirement Board, or his authorized representative, of any Domestic Relations Order incorporating this Stipulation and Agreement. The balance of any death benefit remaining after the allocation of Alternate Payee's equitable distribution portion ("Balance") shall be paid to the beneficiaries named by Member on the last Nomination of Beneficiaries Form filed with the Retirement Board prior to Member's death. 4 a. If the last Nomination of Beneficiaries Form filed by Member prior to Member's death (a) predates any approved Domestic Relations Order incorporating this Stipulation and Agreement, and (b) names Alternate Payee as a beneficiary, then: (1) the terms of the Domestic Relations Order shall alone govern Alternate Payee's share of any death benefit, and (2) for purposes of paying the Balance via the last Nomination of Beneficiaries Form filed with the Retirement Board prior to Member's death, Altemate Payee shall be treated as if Alternate Payee predeceased Member. No portion of the Balance shall be payable to Alternate Payee's estate. b. In addition, Member shall execute and deliver to Alternate Payee an authorization, in a form acceptable to SERS, which will authorize SERS to release to Alternate Payee all relevant information concerning Member's retirement account. Alternate Payee shall deliver the authorization to SERS which will allow the Alternate Payee to check that she has been and continues to be properly nominated under this paragraph. 10. The term and amounts of Member's retirement benefits payable to the Alternate Payee after SERS approves a Domestic Relations Order incorporating this Stipulation and Agreement is dependent upon which option(s) is (are) selected by Member upon retirement. Member and Alternate Payee expressly agree that: [pick one] 5 (a) Member may select any retirement option offered by SERS under the Retirement Code at the time Member files an Application for Retirement Allowance with SERS. OR (b) Member shall select the following retirement option(s) upon filing an Application for Retirement Allowance with SERS4: 4Retirement options are found at 71 Pa.C.S. Section 5705. One popular option is the joint and equitable distribution annuity, e.g.: Special Option 4.--A joint and equitable distribution percent [or portion] (as defined in paragraph 7) annuity payable during the lifetime of the Member with an equitable distribution percent [or portion] (as defined in paragraph 7} of such annuity payable thereafter to his survivor annuitant, if living at his death, as set forth in 71 Pa.C.S. Section 5705(a)(4), or any succeeding statute. The Member shall designate the Alternate Payee as his irrevocable survivor annuitant. The intent of this Special Option 4 selection is to maintain levelized payments to the Alternate Payee for her life in the event of Member's death after retirement. The Altemate Payee shall receive her equitable distribution percentage [or portion] of the annuity which is payable to the Member during his lifetime, so that she shall receive a percentage [or portion] of the Member's check during his lifetime and the same amount, all other things being equal, if he predeceases her after retirement. The Alternate Payee acknowledges that if the Alternate Payee predeceases the Member after retirement then under this Special Option 4 selection no benefits are payable to the Alternate Payee's estate. The Alternate Payee may not exercise any right, privilege or option offered by SERS. SERS shall issue individual tax forms to the Member and the Alternate Payee for amounts paid to each person. 11. Alternate Payee may not exercise any right, privilege or option offered by SERS. SERS shall issue individual tax forms to Member and Altemate Payee for amounts paid to each. 12. In the event of the death of Alternate Payee prior to receipt of all of her payments payable to her from SERS under this Order, any death benefit or retirement benefit payable to Altemate Payee by SERS shall: [pick one] (a) Be paid to Alternate Payee's Estate to the extent of Alternate Payee's equitable distribution portion of Member's retirement benefit as set forth in Paragraphs Seven through Nine. OR (b) Revert to Member. 13. In no event shall Alternate Payee have greater benefits or rights other than those which are available to Member. Altemate Payee is not entitled to any benefit not otherwise provided by SERS. The Alternate Payee is only entitled to the specific benefits offered by SERS as provided in this Order. All other rights, privileges and options offered by SERS not granted to Alternate Payee by this Order are preserved for Member. 14. It is specifically intended and agreed by the parties hereto that this Order: (a) Does not require SERS to provide any type of benefit, or any option, not otherwise provided under the Retirement Code; (b) Does not require SERS to provide increased benefits (determined on the basis of actuarial value) unless increased benefits are paid to Member based upon cost of living or increases based on other than actuarial values. 15. The parties intend and agree that the terms of this Stipulation and Agreement shall be approved, adopted and entered as a Domestic Relations Order. 16. The Court of Common Pleas of County, Pennsylvania, shall retain jurisdiction to amend any Domestic Relations Order incorporating this Stipulation and Agreement, but only for the purpose of establishing it or maintaining it as a Domestic Relations Order; provided, however, that no such amendment shall require SERS to provide any type or form of benefit, or any option not otherwise provided by SERS, and further provided that no such amendment or right of the Court to so amend will invalidate this existing Order. 17. Upon entry as a Domestic Relations Order, a certified copy of the Domestic Relations Order and this Stipulation and Agreement and any attendant documents shall be served upon SERS immediately. The Domestic Relations Order shall take effect immediately upon SERS approval and SERS approval of any attendant documents and then shall remain in effect until further Order of Court. s