Terms Used In Arizona Laws > Title 38 > Chapter 5 > Article 3.2 - Elected Officials' Defined Contribution Retirement System Disability Program

• Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
• Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Assets: means the accumulated resources of the EODC disability program. See Arizona Laws 38-840
• Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
• Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. ^{Source: OCC}
• Board: means the board of trustees established pursuant to section 38-848. See Arizona Laws 38-840
• Contract: A legal written agreement that becomes binding when signed.
• Depository: means a bank in which the monies of the EODC disability program are deposited and collateralized as provided by law. See Arizona Laws 38-840
• Employer contributions: means all amounts paid into the EODC disability program by an employer. See Arizona Laws 38-840
• Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
• Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
• including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
• Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
• Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
• program: means the elected officials' defined contribution retirement system disability program established by this article. See Arizona Laws 38-840
• Property: includes both real and personal property. See Arizona Laws 1-215
• System: means the public safety personnel retirement system established by article 4 of this chapter. See Arizona Laws 38-840
• Writ: A formal written command, issued from the court, requiring the performance of a specific act.
• Writ: means an order or precept in writing issued in the name of the state or by a court or judicial officer. See Arizona Laws 1-215
• Writing: includes printing. See Arizona Laws 1-215