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(g) <br /> <br />(h) <br /> <br />"Deferred ation account" means the acl iht established <br />for the investment of deferred compensation. It shall include the <br />supplemental investment account which means the Minnesota <br />Supplemental Retirement Fund as established by Minn. Stat. S S <br />11.18 and 11.19 and managed by the board. <br /> <br />"Director" means the Executive Director of the Minnesota State <br />Retirement System. <br /> <br />"Employee" means: <br /> <br />1. any individual receiving compensation for services from the <br /> State of Minnesota which shall include any elected official, <br /> appointed official, independent contractor, or employee of <br /> the State of Minnesota, including employees of departments, <br /> agencies and instrumentalities, wherein the state legislature <br /> has specifically held such employees to be "state employees" <br /> for any one or more specific purposes such as, but not limited <br /> to, membership in the Minnesota State Retirement System, <br /> employee group insurance program, or unemployment compensation <br /> plan for state employees, or <br /> <br />any individual receiving compensation for services performed <br />for a political subdivision of the state and shall include any <br />elected official, appointed official, independent contractor <br />or employee of a political subdivision of the state, including <br />any employee of such political subdivision or other employing <br />unit entitled to membership in a public retirement plan, <br />enumerated in Minn Stat. S 356.20, Subd. 2. <br /> <br />(j) "Employer" means: <br /> <br />(k) <br /> <br />1. the State of Minnesota, or <br /> <br />0 <br /> <br />a political subdivision of the State of Minnesota, or an <br />agency or instrumentality of the State of Minnesota or its <br />political subdivisions. <br /> <br />"Includable compensation" means the compensation remaining after <br />any deferrals through this.plan and/or any amount of compensation <br />excluded from taxable income as a result of contributions made for <br />the benefit of an employee under section 403(b) of the code. <br /> <br />(1) "Normal retirement age" means the earliest of the following: <br /> <br />attainment of eligibility by the participant to con, hence <br />receiving normal retirement benefits from one of the retirement <br />systems enumerated in Minn Stat. S 356.20, Subd. 2, or other <br />Minneosta public employee pension plan of which participant is <br />a member. <br /> <br />2. Age 65. <br /> <br />-2- <br /> <br /> <br />