Section 59.02.01.010 - DEFINITIONSThe following definitions apply to this chapter:
01.Accrued Benefit. The actuarial value of the retirement benefit to which the Member is entitled under the Judges' Retirement Fund upon attainment of Normal Retirement Age.02.Active Member. Each justice or judge who participates in the Judges' Retirement Fund as provided by Idaho Code.03.Administrator. The Board.04.Beneficiary. The designated person (or, if none, the Member's estate) who is entitled to receive benefits under the Plan after the death of a Member.05.Board. The retirement board established in Section 59-1304, Idaho Code.06.Code. The Internal Revenue Code of 1986, as now in effect or as hereafter amended. All citations to Sections of the Code are to such Sections as they may from time to time be amended or renumbered.07.Compensation. All cash compensation for services to the Employer, including salary, wages, fees, commissions, bonuses, and overtime pay, that is includible in the Member's gross income for the calendar year, plus amounts that would be cash compensation for services to the Employer includible in the Member's gross income for the calendar year but for a compensation reduction election under Sections 125, 132(f), 401(k), 403(b), or 457(b) of the Code.08.Contingent Annuitant. The person designated by a Member under certain retirement options to receive payments upon the death of the Member. The person so designated must be born and living on the effective date of retirement.09.Designated Beneficiary. The individual who is designated as the beneficiary under the Plan and is the designated beneficiary under Section 401(a)(9) of the Code and Section 1.401(a)(9)-4, Q&A-4, of the Treasury regulations.10.Employer. The State of Idaho Judicial Branch.11.Inactive Member. A former active member who is not receiving a retirement allowance or has not received a refund of contributions.12.Judges' Retirement Fund. The Judges' Retirement Fund established under Title 1, Chapter 20, Idaho Code, and rules applicable to the Judges' Retirement Fund. The Judges' Retirement Fund is intended to satisfy Code Section 401(a) as applicable to governmental plans described in Code Section 414(d). It is maintained for the exclusive benefit of Members and their beneficiaries.13.Member. An active member, inactive member, or a retired member.14.Plan. The plan of benefits under the Judges' Retirement Fund.15.Required Beginning Date. The date specified in Rule 100 of these rules.16.Retired Member. A former active member receiving retirement compensation.17.Service Credit. Being shown on Employer's payroll as an Active Member receiving a salary. For each calendar month, service is credited only when the Active Member is employed for fifteen (15) days or more during the calendar month.18.Severance from Employment. The date that the Member dies, retires, or otherwise has a separation from employment with the Employer, as determined by the Administrator (and taking into account guidance issued under the Code).Idaho Admin. Code r. 59.02.01.010