The retirement benefits program of the District shall consist of: A defined benefit plan, as provided in 42 U.S.C. § 301 et seq. (“Social Security Act”); An employee deferred compensation plan pursuant to § 457 of the Internal Revenue Code [26 U.S.C. § 457] governed by Chapter 36 of Title 47 ; and A defined contribution plan pursuant to § 401(a) of the Internal Revenue Code [26 U.S.C. § 401].
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