DEFINITIONS.

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. "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 [Repealed, 1975 c 368 s 51] History: 1973 c 624 s 2; 1975 c 368 s 41; 1980 c 607 art 14 s 46; 1983 c 128 s 32; 1986 c 458 s 6; 1987 c 284 art 4 s 4; 1993 c 307 art 1 s 34; 1Sp2005 c 8 art 10 s 31,32; 2010 c 359 art 4 s 2-4