2005 Vermont Code - § 650. — Definitions

§ 650. Definitions

The following definitions shall apply throughout this chapter unless the context requires otherwise:

(1) "Board" means the Vermont state retirement board.

(2) "Deferred compensation agreement" means any agreement authorized by this chapter entered into between a public agency and an employee of that agency providing for a reduction in the employee's compensation in return for the agency's promise to make deferred payments in the future.

(3) "Employee" means any employee of a public agency whether appointed, elected or under contract to whom compensation is paid.

(4) "Public agency" means:

(A) the state, acting as a single unit employer on behalf of the general assembly and state agencies, departments, boards or commissions;

(B) any county or municipality as defined in section 4303(4) of Title 24; and

(C) any school district as defined in section 11(a)(10) of Title 16. (Added 1973, No. 175 (Adj. Sess.), eff. July 1, 1973; amended 1979, No. 59, § 16; 1997, No. 68 (Adj. Sess.), § 5, eff. March 1, 1998.)