§ 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 middle school teacher corps providing services for a participating public school division pursuant to subsections E and F of § 22.1-199.1. “Participating employer” means any local public school board that offers and pays the costs of improved retirement benefits as described in subsections E and F of § 22.1-199.1. “Plan” means the defined contribution plan established pursuant to this chapter and the provisions of § 401 (a) of the Internal Revenue Code of 1986, as amended. “Qualified participant” means an eligible employee of a participating employer.
History
This law was first created in 2004. The record of its establishment is cataloged in chapter 436 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. That modification is as follows: in 2020, chapters 860 and 861.
2004, c. 436; 2020, cc. 860, 861.