There is a newer version
of
this Section
2018 Code of Alabama
Title 16 - EDUCATION.
Chapter 25C - PUBLIC EDUCATION DEFINED CONTRIBUTION SAVINGS PLAN.
Section 16-25C-2 - Definitions.
Universal Citation: AL Code § 16-25C-2 (2018)
Section 16-25C-2Definitions.
As used in this chapter, the following terms have the following meanings:
(1) BOARD. The Board of Control of the Public Education Employees' Defined Contribution Savings Fund.
(2) ELIGIBLE EMPLOYER. An employer or other entity who compensates a participant for the public service.
(3) FUND. The Public Education Employees' Defined Contribution Savings Fund.
(4) PARTICIPANT. A person who elects to participate in the fund who makes voluntary employee contributions into a 457 deferred compensation plan or a 403(b) tax sheltered annuity plan and who is a member of the Teachers' Retirement System.
(Act 2001-704, p. 1562, §2.)
Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
