âGain and Loss Reserveâ means a segregated account within the retirement fund that is established and maintained to do either of the following: (a) Credit interest to membersâ Defined Benefit Supplement accounts at the minimum interest rate for plan years in which the board determines that the obligation cannot be met from the planâs investment earnings with respect to the Defined Benefit Supplement Program. (b) Provide additions to the Annuitant Reserve to meet the planâs obligation for annuities payable under the Defined Benefit Supplement Program.
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