§ 219-k. Definitions. As used in this article:

1. "Ambulance company" shall mean a municipal ambulance service or a
voluntary ambulance service, but shall not include an ambulance service
organized pursuant to section two hundred nine-b of this chapter.

2. "Defined benefit plan" means any service award program that
provides to a participant a benefit that is definitely determinable
under the program without reference to the amount contributed to the
program on the participant's behalf or to any income, expense, gains or
losses or forfeitures of other participants under the program.

3. "Entitlement age" means the age designated by the sponsor at which
a program participant is entitled to begin receiving an unreduced
service award. In no event shall the entitlement age under a program be
earlier than age fifty-five nor later than the age at which the
participant can receive an unreduced benefit under Title II of the
Social Security Act (Public Law 74-271 U.S.C. 306 et seq.). No service
award program may provide for the payment of benefits (except in the
case of death or disability) before age fifty-five.

4. "Fiduciary" means any person, including an administrative service
agency and a financial organization, exercising discretionary authority
or control with respect to the administration of a service award program
or the custody, management or disposition of program assets, or any
person who renders advice to the program for a fee.

5. "Fund" means the volunteer ambulance defined benefit service award
fund created pursuant to this article.

6. "Municipal ambulance service" means an ambulance service as defined
in subdivision two of section three thousand one of the public health
law operated by a municipal corporation or agency thereof, or by an
ambulance district, and staffed in whole or in part by volunteer
ambulance workers.

7. "Nonforfeitable" means the unconditional and legally enforceable
right to receive a service award.

8. "Participant" means a volunteer ambulance worker who satisfies the
age and service requirements of subdivision one of section two hundred
nineteen-m of this article.

9. "Political subdivision" means a county, city, town, village,
ambulance district, or fire protection district which contracts with an
ambulance service which is not organized pursuant to section two hundred
nine-b of this chapter.

10. "Service award" means the benefit payable pursuant to a service
award program.

11. "Service award program" or "program" means a defined benefit plan
established, adopted and maintained under this article to provide
service awards for volunteer ambulance workers.

12. "Sponsor" or "sponsoring organization" means a political
subdivision which adopts a service award program.

13. "Voluntary ambulance service" means an ambulance service as
defined in subdivision two of section three thousand one of the public
health law (a) operating not for pecuniary profit or financial gain, and
(b) no part of the assets or income of which is distributable to, or
enures to the benefit of its members, directors or officers except to
the extent permitted under article thirty of the public health law.

14. "Volunteer ambulance worker" means an active volunteer member of
an ambulance company as specified on a list regularly maintained by the
company for purposes of the volunteer ambulance workers' benefit law.

15. "Year of ambulance service" means a calendar year during which a
volunteer ambulance worker accumulates at least fifty points in
accordance with the system established pursuant to subdivision three of
section two hundred nineteen-m of this article.

16. "Elected or appointed position" means the directors, president,
vice president, treasurer, secretary, other corporate officers and line
officers of an ambulance company.

17. "Administrator" or "plan administrator" means the state
comptroller, or an administrative service agency or financial
organization selected by the state comptroller to administer service
award programs.

18. "Administrative service agency" means an organization duly
authorized to do business in the state and which is qualified to
administer and maintain records and accounts of plans which meet the
requirements for qualification under the internal revenue code and
governmental plans.

19. "Financial organization" means an organization duly authorized to
do business in the state which is (a) registered as an investment
adviser under the Investment Advisers Act of 1940, as such provisions
may be amended from time to time; (b) licensed or chartered by the state
department of financial services; (c) chartered by an agency of the
federal government; or (d) subject to the jurisdiction and regulation of
the securities and exchange commission of the federal government.