Section 495.1.2. Definitions.

Unless otherwise prescribed by federal or state regulations, the terms used in this chapter shall have the following meanings:

“Agency” means the Iowa Public Employees’ Retirement System (IPERS) created as an independent agency within the executive branch of state government to administer Iowa Code chapter 97B.

“Board” means the IPERS’ investment board as created in Iowa Code section 97B.8A.

“Chief benefits officer” means the person employed by IPERS’ chief executive officer, following consultation with the committee, to administer benefits programs and other member services provided under the retirement system.

“Chief executive officer” means the administrator of the agency appointed pursuant to Iowa Code section 97B.3 and whose term shall be determined pursuant to Iowa Code section 97B.3.

“Chief investment officer” means the person employed by IPERS’ chief executive officer, following consultation with the board, to administer the investment program of the retirement system.

“Committee” means the benefits advisory committee created pursuant to Iowa Code section 97B.8B.

“Internal Revenue Code” means the Internal Revenue Code as defined in Iowa Code section 422.3.

“IPERS” means the agency or the system as the context requires.

“System” means the retirement plan created pursuant to Iowa Code chapter 97B.