(a) The Supplemental Contributions Program is hereby established to be a defined contribution plan pursuant to Title 26, Section 414, subsection (i) United States Code. This program shall operate solely at the option of the participants and shall in no way obligate employers for lifetime annuity payments to participating employees of their beneficiaries.\n(b) This chapter establishes a new program, and defines the Supplemental Contributions Program.\n(c) The Supplemental Contributions Program Fund is established as a special trust fund in the Treasury of the Government of the Virgin Islands to accept participant contributions to the plan.
U.S. Virgin Islands Legal Code
770m
U.S. Virgin Islands § 770m — U.S. Virgin Islands law