No member, pensioner, or beneficiary entitled to any benefit payment under the retirement
system plan shall have the right to assign, alienate, transfer, encumber, pledge,
mortgage, hypothecate, anticipate, or impair in any manner the member's legal or beneficial
interest, or any interest in assets of the fund, or benefits of the retirement system
plan. Neither the fund nor any assets thereof shall be liable for the debts of any
member, pensioner, or beneficiary entitled to any benefits under the retirement system
plan, nor be subject to attachment or execution or process of any court action or
proceeding. Notwithstanding any of the foregoing, benefits shall be paid in accordance
with any applicable requirements of any state domestic relations order; provided that
such state domestic relations orders comply with written procedures adopted by the
board of trustees.