3 V.S.A. § 650: Definitions

The following definitions shall apply throughout this chapter unless the context requires otherwise:

(1) “Deferred compensation agreement” means any agreement authorized by this chapter entered into between a public agency and an employee of that agency providing for a reduction in the employee’s compensation in return for the agency’s promise to make deferred payments in the future.

(2) “Employee” means any employee of a public agency whether appointed, elected or under contract to whom compensation is paid.

(3) “Other public agency” means a public agency described in subdivision (4)(B) or (C) of this section.

(4) “Public agency” means:

(A) the State, acting as a single unit employer on behalf of the General Assembly and State agencies, departments, boards, or commissions;

(B) a county or municipality as defined in 24 V.S.A. § 4303(12); and

(C) a school district as defined in 16 V.S.A. § 11(a)(10) or a supervisory union as defined in 16 V.S.A. § 11(a)(23).

(5) “State Board” means the Vermont State Retirement Board.

(6) “Teachers’ Board” means the Vermont State Teachers’ Retirement Board.