Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/36-27C-2.htm |
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Depth: | 0 singles |
Size: | 1,574 bytes |
Modified: | 2003-09-19 10:53:00 |
Categories: | -None- |
Title: | 36-27C-2 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 36-27C-2 Definitions. As used in this chapter, the following terms have the following meanings: (1) BOARD. The Board of Control of the Public 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 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 or a 403(b) tax sheltered annuity plan, who is not a public school employee and who meets any of the following requirements: a. Is a member of the Teachers' Retirement System. b. Is a member of the Employees' Retirement System. c. Is a member of the Judicial Retirement Fund. d. Is an employee of an employer eligible to participate in the Employees' Retirement System pursuant to Section 36-27-6 which elects to participate. e. Is a public official or public employee of the State of Alabama or any political subdivision thereof. As used in this chapter, "public official" does not include a person holding an elected state or local office. (Act 2001-704, p. 1562, ยง1.) |