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Code · Vermont · Title 32 — Taxation and Finance · Chapter 7

§ 622.

431 words·~2 min read·/vt/title-32/chapter-7/622

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§ 622. Definitions
As used in this subchapter:
(1)“Contribution” shall have the same meaning as “accumulated contribution” set forth in 3 V.S.A. § 455(a)(1), 16 V.S.A. § 1931(1), and 24 V.S.A. § 5051(1) and shall include the sum of all amounts deducted from the compensation of a member of any defined contribution plan under 3 V.S.A. § 500 or 24 V.S.A. § 5070 and any earnings or losses on those contributions, and the sum of all amounts deducted from the compensation of a member of any other retirement plan of a municipality authorized under the Internal Revenue Code, 26 U.S.C. § 401 and any earnings or losses on those contributions.
(2)“Crime related to public office” means any of the following criminal offenses if the offense is a felony and is committed in connection with employment as a member:
(A)any offense under 13 V.S.A. chapter 21;
(B)false personation as defined in 13 V.S.A. § 2001;
(C)false pretenses or tokens as defined in 13 V.S.A. § 2002;
(D)grand larceny as defined in 13 V.S.A. § 2501;
(E)person holding property in official capacity or belonging to the State or a municipality as defined in 13 V.S.A. § 2537;
(F)false claim as defined in 13 V.S.A. § 3016;
(G)a felony under the laws of the United States or any other state, including a territory; commonwealth; the District of Columbia; or military, federal, or tribal court, an element of which involves:
(i)a larceny;
(ii)an embezzlement;
(iii)the fraudulent conversion of money, property, or other valuable things for personal or other use; or
(iv)an intent to defraud; or
(H)an attempt to commit, or aiding in the commission of, any offense listed in this subdivision (2).
(3)“Member” shall have the same meaning as in 3 V.S.A. § 455(a)(11), 16 V.S.A. § 1931(10), and 24 V.S.A. § 5051(13) and shall include anyone participating in a defined contribution plan under 3 V.S.A. § 500 or 24 V.S.A. § 5070 and any other retirement plan of a municipality authorized under the Internal Revenue Code, 26 U.S.C. § 401.
(4)“Retirement benefits” shall have the same meaning as “pensions” as defined in 3 V.S.A. § 455(a)(14), 16 V.S.A. § 1931(12), and 24 V.S.A. § 5051(16) and shall also mean benefits derived from employer contributions to defined contribution plans under 3 V.S.A. § 500 or 24 V.S.A. § 5070 and benefits derived from employer contributions to any other retirement plan of a municipality authorized under the Internal Revenue Code, 26 U.S.C. § 401. (Added 2013, No. 2, § 1.)
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