(1) "County" means Snohomish county, state of Washington.

(2) "Plan" means the Snohomish County Deferred Compensation Plan described and established in this chapter.

(3) "Participant" means an employee who meets the eligibility requirements of SCC 3.34.040 and applies for participation in accordance with the provisions of SCC 3.34.050.

(4) "Beneficiary" means an alternate payee of the participant and the person or entity designated by the participant to receive the unpaid benefit to which the participant is entitled under the plan and the terms of the investment(s) in the event of the participant’s death.

(5) "Separation from service" means the employee has resigned, been laid off or terminated. If there is a reasonable anticipation or reasonable cause to believe the employee will be returned to work for the county within two months, the cessation from work will not be a separation from service.

(6) "Compensation" means all payments made by the employer to an employee as remuneration for services rendered to the employer, including salaries and fees.

(7) "Normal retirement age" means any age of which a participant has the right to retire under any one of the state of Washington retirement systems’ pension plans and to receive immediate retirement benefits without actuarial or similar reduction because of retirement before some later age in the state retirement basic pension plan.

(8) "Employee" means any person who is employed by and receives any type of compensation from the employer for services rendered to the employer, specifically including salaried employees of the employer. An individual who is not treated by the employer as an employee for payroll tax purposes during the period that he or she performs services for the employer, will not be treated as an employee for such period.

(9) "Employer" means Snohomish County, or any of its agencies or departments for which services are performed by a participant.

(10) "Investment" means the investment funds or products authorized by the committee for the investment of participant accounts.

(11) "Committee" means the deferred compensation plan committee.

(12) Qualified domestic relations order means a qualified domestic relations order as defined in IRS Code Section 414(p) and made pursuant to the laws of the State of Washington.

(13) Alternate payee means any spouse, former spouse, child or other dependent of a participant who is recognized by a qualified domestic relations order as having a right to receive all, or a portion or, the benefits payable under the plan with respect to the participant. (Added by Ord. 84-120 § 2, Oct. 17, 1984; Amended by Ord. 02-085, Dec. 18, 2002, Eff date Jan. 1, 2003; Amended by Ord. 05-046, July 13, 2005, Eff date July 25, 2005).