Trs Model Domestic Relations Order for Retiree - Texas

Trs Model Domestic Relations Order for Retiree is a legal document that was released by the Teacher Retirement System of Texas - a government authority operating within Texas.

FAQ

Q: What is a TRS Model Domestic Relations Order?
A: A TRS Model Domestic Relations Order (DRO) is a legal document that outlines how a retiree's Texas Teacher Retirement System (TRS) benefits will be divided between the retiree and their former spouse in a divorce or separation.

Q: What does a TRS Model DRO cover?
A: A TRS Model DRO covers how the retiree's monthly retirement benefits, survivor benefits, and any other applicable benefits will be divided between the retiree and their former spouse.

Q: Who can obtain a TRS Model DRO?
A: Any retiree who is a member of the Texas Teacher Retirement System and is going through a divorce or separation may obtain a TRS Model DRO.

Q: Is a TRS Model DRO legally binding?
A: Yes, a TRS Model DRO is a legally binding document that must be approved by the court to be enforceable.

Q: How can I obtain a TRS Model DRO?
A: To obtain a TRS Model DRO, you should consult with an attorney who specializes in family law and retirement benefits. They can draft the document and guide you through the legal process.

Q: Can a TRS Model DRO be modified?
A: In some cases, a TRS Model DRO may be modified if there is a change in circumstances, such as a remarriage or a significant change in income. However, any modifications must be approved by the court.