Insurance Law 4601 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search up ARTICLE 46 Retirement Systems next SECTION 4602 Creation of retirement systems Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 4601 Definitions Insurance (ISC) CHAPTER 28, ARTICLE 46 § 4601. Definitions. In this article: (a) "Employees" means the employees, officers, and agents of any person, firm or corporation or of one or more corporations having business interests in common. (b) "Employer" means the person, firm, corporation or one or more corporations having business interests in common, and includes any organization of such employers. (c) "Retirement system" or "system" means a non-profit corporation or trust formed for the purpose of providing pension benefits. (d) "Pension benefits" means benefits provided by a retirement system for members retiring by reason of age or length of service, or both, and benefits permitted by section four thousand six hundred three of this article.