72-1758. Employees' retirement fund in certain cities between 120,000 and 200,000; definitions.

72-1758

Chapter 72.--SCHOOLS
Article 17.--SUPPLEMENTAL RETIREMENT SYSTEMS

      72-1758.   Employees' retirement fund in certain cities between 120,000and 200,000; definitions.Unless a different meaning is plainly required by the context thefollowing words and phrases, as used in this act, shall have the followingmeanings:

      (a)   "School employee" shall mean any person regularly employed, and paidout of public funds, to perform services for the school district, and shallinclude all teachers, principals, superintendents, supervisors, librarians,clerks, secretaries, school nurses, attendance officers, managers,engineers, building superintendents, maintenance and repairmen, custodians,and all other persons regularly employed by the board of education.

      (b)   "Regularly employed" shall mean employed for the major part of theworking days, as distinguished from being employed as a substitute or forpart-time work or less than a major part of the time.

      (c)   "A school service year" shall mean a twelve-month period duringwhich a school employee has received at least one-half of his normal annualsalary.

      (d)   "School annuitant" shall mean any person who is entitled to receivea school annuity or a disability annuity.

      (e)   "School annuity" shall mean the annual payment due to any schoolannuitant. Such annual payment shall continue for life, and be paid inequal monthly installments.

      (f)   "Disability annuity" shall mean a school annuity granted to a schoolemployee who suffers such physical or mental disability as to be unable toperform school service.

      (g)   "Salary" shall mean the amount actually paid to the school employeefor personal services plus the amount, if any, paid by the board ofeducation toward an annuity for the school employee.

      History:   L. 1939, ch. 264, § 1; L. 1963, ch. 360, § 1; June 30.