As used in this chapter, unless the context requires a different meaning:\n'Board' means the Board of Trustees of the Virginia Retirement System.\n'Eligible employee' means any turnaround specialist or member of the middle school teacher corps providing services for a participating public school division pursuant to subsections E and F of § 22.1-199.1.\n'Participating employer' means any local public school board that offers and pays the costs of improved retirement benefits as described in subsections E and F of § 22.1-199.1.\n'Plan' means the defined contribution plan established pursuant to this chapter and the provisions of § 401 (a) of the Internal Revenue Code of 1986, as amended.\n'Qualified participant' means an eligible employee of a participating employer.\n2004, c. 436; 2020, cc. 860, 861.
Virginia Legal Code