SECTION 51.1-617. (Effective until July 1, 2021) 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 F and G 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 F and G 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.

2004, c. 22.1-199.1 .