NASSAU INN LIMITED PARTNERSHIP PENSION PLAN FOR MEMBERS OF THE HOTEL, MOTEL, BAR, RESTAURANT & CAFETERIA EMPLOYEES' UNION LOCAL 54, AFL
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NASSAU INN LIMITED PARTNERSHIP PENSION PLAN FOR MEMBERS OF THE HOTEL, MOTEL, BAR, RESTAURANT & CAFETERIA EMPLOYEES' UNION LOCAL 54, AFL

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NASSAU INN LIMITED PARTNERSHIP PENSION PLAN FOR MEMBERS OF THE HOTEL, MOTEL, BAR, RESTAURANT & CAFETERIA EMPLOYEES' UNION LOCAL 54, AFL is a DEFINED BENEFIT PLAN. This type of plan generally provides participants with a monthly retirement benefit upon reaching a specific age and may be adjusted for early retirement. Benefits paid at the time of retirement are typically calculated using a formula based upon years of credited service and compensation information. Benefits are generally payable to the participant upon reaching "normal retirement age" for the remainder of the Participant's lifetime. Benefits accumulated under this type of plan are often referred to as "accrued benefits".

With this type of plan, the Alternate Payee is usually not awarded a lump sum cash payment from the Plan. Rather, the Alternate Payee’s award is typically made in terms of a monthly benefit payable for either the lifetime of the Participant (a "shared payment") or the Alternate Payee (a "separate interest").

Features of the NASSAU INN LIMITED PARTNERSHIP PENSION PLAN FOR MEMBERS OF THE HOTEL, MOTEL, BAR, RESTAURANT & CAFETERIA EMPLOYEES' UNION LOCAL 54, AFL may include:

  • Benefits accrued under this Plan are primarily “flat dollar” (includes dollars per year of service)


DISCLAIMERS

The Plan features and descriptions presented are provided only as examples and general descriptions a particular type of plan. Participants and Alternate Payees should ALWAYS review the applicable Summary Plan Description for a detailed description of the specific terms and options for the specific Plan in question.

The information provided on this page is based upon the most recent Plan tax filings available. The terms of a specific plan may have changed since the most recently available tax filing, and as a result, these descriptions and features may not be current. SimpleQDRO makes no representations as to accuracy of these descriptions.

SimpleQDRO is neither the administrator, nor a representative of this Plan. SimpleQDRO provides this information merely as a courtesy and makes no warranties as to the current status or accuracy of these descriptions.
Plan & Company Information

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Company
NASSAU INN LIMITED PARTNERSHIP
10 PALMER SQUARE
PRINCETON, new jersey 85423-721
609-688-2628
pdg
Plan Name
NASSAU INN LIMITED PARTNERSHIP PENSION PLAN FOR MEMBERS OF THE HOTEL, MOTEL, BAR, RESTAURANT & CAFETERIA EMPLOYEES' UNION LOCAL 54, AFL
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Plan Administrator
PETER RUDY, LORI RABON, AND HENRY ABOODI
10 PALMER SQUARE
PRINCETON, new jersey 85423-721
609-688-2628
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NASSAU INN LIMITED PARTNERSHIP PENSION PLAN FOR MEMBERS OF THE HOTEL, MOTEL, BAR, RESTAURANT & CAFETERIA EMPLOYEES' UNION LOCAL 54, AFL is located in PRINCETON, NJ. If you need a QDRO in PRINCETON, NJ just know that SimpleQDRO drafts QDROs for customers in all 50 states.
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