D.C. Mun. Regs. tit. 6, r. 6-B2699
As used in this chapter the following meanings apply -
Active account - the bookkeeping account maintained for each participant to record his or her allocable share of contributions and deferrals, and related income earned, and administrative expenses, which has not been designated as an inactive account.
Act - the District of Columbia Government Comprehensive Merit Personnel Act of 1978 (D.C. Law 2-139; D.C. Official Code §§ 1-601.01et seq. (2016 Repl.)).
Administrative expenses - the costs of administering the 401(a) and 457(b) Plans, including but not limited to any Trust expenses.
Administrator - the Chief Financial Officer (CFO) or the employees of the CFO who have the power to act for the CFO with respect to the administration of the 401(a) or the 457 Plan, as the context requires.
Automatically Enrolled Participant - a participant in the 457(b) Plan who is first hired or rehired on or after June 10, 2019.
Base salary - the base rate of pay paid to a participant, as established by a District of Columbia salary schedule, by statute or by the Mayor, excluding overtime, holiday, Sunday, compensatory time, hazard pay, environmental, or night-shift differential pay, upon which contributions to the Plan shall be determined.
Beneficiary - the person(s) or legal entity or entities designated by the participant or former participant to receive any undistributed benefits that become payable in the event of the death of the participant or former participant.
Benefits - the amount in the active or inactive account of a vested participant or former participant, or his or her beneficiary, which is available for distribution upon separation from service, disability, or death.
Benefit commencement date - the date selected by the participant or beneficiary by designating the month and year during which the first distribution is to be made.
Contribution - the amount the District deposits into the Trust in accordance with § 2606.1 of this chapter.
Covered employment - service by any employee in any position, not specifically excluded as "non-covered employment," pursuant to § 2603.10, which is:
Covered position - a permanent or term appointment of more than twelve (12) monthsposition in the District government that includes benefits (i.e. health, life, retirement).
Creditable service - the period of employment to be recognized for purposes of eligibility for retirement benefits, as defined by § 2604.
Detention officer - an employee who is not covered by the Police and Fire Retirement System, whose duties are primarily the investigation, apprehension, or detention of individuals suspected or convicted of offenses against, or violation of, the laws of the United States or the District of Columbia, and whose duties may require frequent contact, supervision, inspection, training, employment, care, transportation, or rehabilitation of individuals in detention. The term includes:
Deferral - the annual amount of compensation designated as a pre-tax deferral or after-tax (Roth) deferral that a participant elects to defer in the 457(b) Plan pursuant to a properly executed Salary Deferral Agreement.
Disabled - a condition which results in a participant being entitled to disability benefits within the meaning of the Social Security Act ( 42 USC §§ 416(i) and 423(d) ).
District - the District government, including (a) subordinate agencies under the Mayor; (b) the District of Columbia Courts, and (c) any independent agency, if the courts or any independent agency duly accept 401(a) and/or 457(b) Plan(s), with the approval of the Mayor.
District of Columbia Deferred Compensation Plan - 457(b) Plan as provided pursuant to D.C. Official Code § 1-626.05(2) (2016 Repl.).
District of Columbia Defined Contribution Plan - 401(a) Plan as provided pursuant to D.C. Official Code § 1-626.05(3) (2016 Repl.).
Domestic partner - a person with whom an individual maintains a committed relationship as defined in D.C. Official Code § 32-702(a) (2019 Repl.).
Employee - an individual who performs a function of the District government and who receives compensation for the performance of such services.
Former employee - an employee who has separated from District government service.
Inactive account - the bookkeeping account maintained for each former participant for whom contributions and deferrals are no longer being made, and for each former participant or beneficiary who receives distributions, that records his or her allocable share of income and administrative expenses.
Income - the net increase or decrease of the Trust, as of each valuation date, resulting from realized and unrealized gains or losses, interest, dividends, and other investment earnings.
Internal Revenue Code or IRC - the Tax Reform Act of 1986, approved October 22, 1986 (100 Stat. 2085; 26 USC §§ 1et seq.), as amended.
Participant - shall have the meaning given in §§ 2602.1 and 2602.2.
Plan account - a401(a) or 457(b) account established and maintained for each participant to reflect the contributions and deferrals made by or for the benefit of the participant and the allocated or attributable income, gains and losses (whether or not realized).
Plan document -the 401(a) or 457(b) Plan document, as applicable, that outlines the process of how the District of Columbia Defined Contribution Plan or District of Columbia Deferred Compensation Plan is managed and maintained by the Administrator.
Section 401(a) Trust - a trust that qualifies under §§ 401(a) and 501(a) of the IRC, into which the District government's contributions are deposited.
Separation from service - lawful termination of the employment relationship between an employee and the District government.
Trust - a trust which qualifies under IRC §§ 401(a) and 501(a), into which the District's contributions are deposited.
Trustee - the Chief Financial Officer (CFO), or any entity designated by the CFO to serve as trustee under the Trust. The term "Trustee" shall include custodian designated by the CFO under any custodial account.
D.C. Mun. Regs. tit. 6, r. 6-B2699