North Dakota Sample Letter to Pension Plan Administrator regarding Division of Plan Proceeds per Court Order

• Category: Letters - Legal - Pension Plan
• State: Multi-State
• Control #: US-0500LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Administrator's Name] [Pension Plan Administrator] [Plan Name] [Plan Address] [City, State, ZIP] Subject: Division of Plan Proceeds per Court Order — Request for Information and Assistance Dear [Administrator's Name], I hope this letter finds you in good health and high spirits. I am writing to you as a participant in the [Plan Name] seeking your assistance regarding the division of plan proceeds per a court order. As per my understanding, the court has issued an order for the division of the pension plan proceeds between myself and my former spouse, [Former Spouse's Name], following our recent divorce. I kindly request your guidance and support in executing this court order within the legal framework of the plan. I would appreciate if you could provide me with the necessary information and procedures to initiate the division of plan proceeds as specified in the court order. Furthermore, I understand that there may be specific forms or documents that need to be completed for this purpose. Therefore, I kindly request your assistance in providing me with the required forms or guiding me through the process. Additionally, I would like to bring to your attention that North Dakota recognizes two types of pension plans, namely: 1. Defined Benefit Pension Plans — These plans provide a specific benefit amount to retirees based on a formula considering factors such as length of service, age, and average salary. If the [Plan Name] falls under this category, please inform me of any specific considerations or additional steps required for the division of the plan proceeds. 2. Defined Contribution Pension Plans — These plans hold an individual account for each participant, typically including contributions made by both the employee and employer, as well as investment returns. If the [Plan Name] falls under this category, I would appreciate any information specific to these types of plans and their division per court order. Considering the importance and urgency of the matter, I kindly request your prompt attention in providing the required information and assisting me throughout the process. Please keep me informed of any deadlines or actions required from my end to ensure the smooth execution of the court order. Attached to this letter, please find copies of the court order and any other supporting documents provided by my legal representation, which you may find helpful for your assessment and further guidance. Thank you in advance for your prompt attention and assistance in this matter. I look forward to working with you to resolve this issue in accordance with the court order and the relevant pension plan guidelines. Should you require any additional information or have any queries, please do not hesitate to contact me at your earliest convenience. I can be reached at [Phone Number] or via email at [Email Address]. Thank you for your understanding and cooperation. Sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Administrator's Name] [Pension Plan Administrator] [Plan Name] [Plan Address] [City, State, ZIP] Subject: Division of Plan Proceeds per Court Order — Request for Information and Assistance Dear [Administrator's Name], I hope this letter finds you in good health and high spirits. I am writing to you as a participant in the [Plan Name] seeking your assistance regarding the division of plan proceeds per a court order. As per my understanding, the court has issued an order for the division of the pension plan proceeds between myself and my former spouse, [Former Spouse's Name], following our recent divorce. I kindly request your guidance and support in executing this court order within the legal framework of the plan. I would appreciate if you could provide me with the necessary information and procedures to initiate the division of plan proceeds as specified in the court order. Furthermore, I understand that there may be specific forms or documents that need to be completed for this purpose. Therefore, I kindly request your assistance in providing me with the required forms or guiding me through the process. Additionally, I would like to bring to your attention that North Dakota recognizes two types of pension plans, namely: 1. Defined Benefit Pension Plans — These plans provide a specific benefit amount to retirees based on a formula considering factors such as length of service, age, and average salary. If the [Plan Name] falls under this category, please inform me of any specific considerations or additional steps required for the division of the plan proceeds. 2. Defined Contribution Pension Plans — These plans hold an individual account for each participant, typically including contributions made by both the employee and employer, as well as investment returns. If the [Plan Name] falls under this category, I would appreciate any information specific to these types of plans and their division per court order. Considering the importance and urgency of the matter, I kindly request your prompt attention in providing the required information and assisting me throughout the process. Please keep me informed of any deadlines or actions required from my end to ensure the smooth execution of the court order. Attached to this letter, please find copies of the court order and any other supporting documents provided by my legal representation, which you may find helpful for your assessment and further guidance. Thank you in advance for your prompt attention and assistance in this matter. I look forward to working with you to resolve this issue in accordance with the court order and the relevant pension plan guidelines. Should you require any additional information or have any queries, please do not hesitate to contact me at your earliest convenience. I can be reached at [Phone Number] or via email at [Email Address]. Thank you for your understanding and cooperation. Sincerely, [Your Name]