Arizona Laws > Title 38 > Chapter 5 > Article 7 – Transfers to Another Retirement System or Plan
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Terms Used In Arizona Laws > Title 38 > Chapter 5 > Article 7 - Transfers to Another Retirement System or Plan
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Population: means the population according to the most recent United States decennial census. See Arizona Laws 1-215