§ 219-c. 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 contribution plan" means any service award program that
provides to a participant a benefit as the result of definite and
determinable contributions made to the program on behalf of the
participant without reference to any income, expense, gains or losses or
forfeitures of other participants under the program.

3. "Entitlement age" means the earliest age, except in the case of
disability or death, designated by the sponsor at which a participant
who has a nonforfeitable right to a service award is entitled to apply
for and begin receiving a service award. In no event shall entitlement
age be earlier than age fifty-five nor later than age sixty-seven.

3-a. "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.

4. "Fund" means the volunteer ambulance service award fund created
pursuant to this article.

4-a. "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.

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

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

6-a. "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.

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

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

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

9-a. "Voluntary ambulance service" means an ambulance service as
defined in subdivision three of section three thousand one of the public
health law (i) operating not for pecuniary profit or financial gain, and
(ii) 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.

9-b. "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.

10. "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-e of this article.

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

12. "Administrator" or "plan administrator" means the state
comptroller, or an administrative service agency or financial
organization selected by the state comptroller to perform all or a
portion of the functions required to administer service award programs.

13. "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.

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