What is a QILDRO?
“QILDRO” is an acronym for Qualified Illinois Domestic Relations Order (pronounced kwil-dro). A QILDRO is a court order issued by an Illinois court that directs an Illinois public retirement system such as the Policemen's Annuity and Benefit Fund to pay an alternate payee a portion of a member’s retirement benefit, or certain refunds or lump sum death benefit if applicable. An alternate payee is typically an ex-spouse, but may be a current spouse, child, or other dependent.
The QILDRO law applies to Illinois public pension systems governed by the Illinois Pension Code, 40 ILCS 5. Illinois public pension funds may only pay benefits to a former spouse according to a QILDRO. Illinois retirement systems cannot pay a former spouse based on a member’s judgment for dissolution of marriage or marital settlement agreement. QILDROs are different from, and should not be confused with Qualified Domestic Relations Orders, or QDROs. State law does not allow public retirement systems to honor QDROs.
The Fund is located on the corner of LaSalle Street and Wacker Drive in the LaSalle Wacker Building. There are several nearby parking garages; the closest is located ½ Block North in the 203 LaSalle building. Public Transportation is also a viable option as we are near several CTA bus lines, the Clark & Lake “L” stop. The office is also located within a mile of the Metra Station. Please reference Google Maps for the many available options.