§ 38-870 Definitions

AZ Rev Stat § 38-870 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

38-870. Definitions

In this article, unless the context otherwise requires:

1. " Assets" means the accumulated resources of the disability program.

2. " Board" means the board of trustees established by section 38-848.

3. " Compensation" :

(a) For a participant as defined in section 38-865, paragraph 7, subdivision (a), item (i), has the same meaning prescribed in section 38-842.

(b) For a participant as defined in section 38-865, paragraph 7, subdivision (b), means salary as defined in section 38-881.

4. " Disability program" or " program" means the public safety personnel defined contribution retirement plan disability program established by this article.

5. " Local board" has the same meaning prescribed in section 38-842 or 38-881, as applicable.

6. " Participant" means a participant who is in the public safety personnel defined contribution retirement plan and who is a participant as defined in section 38-865, paragraph 7, subdivision (a), item (i) or subdivision (b).

7. " Pensionable compensation" has the same meaning prescribed in section 38-865.