38-797. Definitions


In this article, unless the context otherwise requires:


1. "ASRS" means the Arizona state retirement system established by article 2 of
this chapter.


2. "Assets" means the accumulated resources of the LTD program.


3. "Board" means the ASRS board established pursuant to section 38-713.


4. "Compensation" has the same meaning prescribed in section 38-711.


5. "Depository" means a bank in which the monies of the LTD program are deposited
and collateralized as provided by law.


6. "Employer" has the same meaning prescribed in section 38-711.


7. "Employer contributions" means all amounts paid into the LTD program by an
employer.


8. "Fiscal year" has the same meaning prescribed in section 38-711.


9. "LTD program" means the long-term disability program established by this
article.


10. "Member" has the same meaning prescribed in section 38-711.


11. "Monthly compensation" means one-twelfth of a member's annual compensation paid
and payable in the fiscal year during which a member becomes disabled.


12. "Normal retirement date" has the same meaning prescribed in section 38-711.


13. "Political subdivision" has the same meaning prescribed in section 38-711.


14. "State" has the same meaning prescribed in section 38-711.