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§4601

§4601 . Definitions. In this article:

§4601(a)

(a) "Employees" means the employees, officers, and agents of any person, firm or corporation or of 1 or more corporations having business interests in common.

§4601(b)

(b) "Employer" means the person, firm, corporation or 1 or more corporations having business interests in common, and includes any organization of such employers.

§4601(c)

(c) "Retirement system" or "system" means a non-profit corporation or trust formed for the purpose of providing pension benefits.

§4601(d)

(d) "Pension benefits" means benefits provided by a retirement system for members retiring by reason of age or length of service, or both, and benefits permitted by §4603 of this article.
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©2009 Paul Margus, FSA, MAAA