2006 Code of Virginia § 51.1-617 - Definitions
51.1-617. Definitions.
As used in this chapter, unless the context requires a different meaning:
"Board" means the Board of Trustees of the Virginia Retirement System.
"Eligible employee" means any turnaround specialist or member of the middleschool teacher corps providing services for a participating public schooldivision pursuant to subsections F and G of 22.1-199.1.
"Participating employer" means any local public school board that offersand pays the costs of improved retirement benefits as described insubsections F and G of 22.1-199.1.
"Plan" means the defined contribution plan established pursuant to thischapter and the provisions of 401 (a) of the Internal Revenue Code of 1986,as amended.
"Qualified participant" means an eligible employee of a participatingemployer.
(2004, c. 436.)
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