Minnesota Statutes 352D.015 – Definitions
Subdivision 1.General.
As used in this chapter, unless the context or subject matter indicates otherwise, the following terms shall have the meanings given.
Subd. 2.Unclassified program.
Terms Used In Minnesota Statutes 352D.015
- contributions: shall mean "shares. See Minnesota Statutes 352D.015
- Employee shares: means shares in the supplemental fund purchased with the employee's contributions. See Minnesota Statutes 352D.015
- Employer shares: means shares in the supplemental fund purchased with the employer's contributions. See Minnesota Statutes 352D.015
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
- Value: means the market value of the account at the end of the United States investment market day. See Minnesota Statutes 352D.015
Terms Used In Minnesota Statutes 352D.015
- contributions: shall mean "shares. See Minnesota Statutes 352D.015
- Employee shares: means shares in the supplemental fund purchased with the employee's contributions. See Minnesota Statutes 352D.015
- Employer shares: means shares in the supplemental fund purchased with the employer's contributions. See Minnesota Statutes 352D.015
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
- Value: means the market value of the account at the end of the United States investment market day. See Minnesota Statutes 352D.015
“Unclassified program” means the program established by this chapter.
Subd. 3.Supplemental investment fund.
“Supplemental investment fund” means the fund established and governed by section 11A.17.
Subd. 4.General fund.
“General fund” means the general state employees retirement fund under chapter 352.
Subd. 4a.General employees retirement plan.
“General employees retirement plan” means the general state employees retirement plan under chapter 352.
Subd. 5.Covered employment.
“Covered employment” means employment covered by this chapter or by chapter 352.
Subd. 6.Employee shares.
“Employee shares” means shares in the supplemental fund purchased with the employee’s contributions.
Subd. 7.Employer shares.
“Employer shares” means shares in the supplemental fund purchased with the employer’s contributions.
Subd. 8.Total shares.
“Total shares” means all the employee shares and employer shares credited to a participant. Where applicable, the term “contributions” shall mean “shares.”
Subd. 9.Value.
“Value” means the market value of the account at the end of the United States investment market day.
Subd. 10.
[Repealed, 1975 c 368 s 51]