Governmental Plan Law and Legal Definition
The term "governmental plan" means “a plan established or maintained for its employees by the Government of the United States, by the government of any State or political subdivision thereof, or by any agency or instrumentality of any of the foregoing. The term governmental plan also includes any plan to which the Railroad Retirement Act of 1935 or 1937 applies, and which is financed by contributions required under that Act and any plan of an international organization which is exempt from taxation under the provisions of the International Organizations Immunities Act. Governmental plan includes a plan which is established and maintained by an Indian tribal government, a subdivision of an Indian tribal government, or an agency or instrumentality of either, and all of the participants of which are employees of such entity substantially all of whose services as such an employee are in the performance of essential governmental functions but not in the performance of commercial activities (whether or not an essential government function).” [29 USCS § 1002]
Legal Definition list
Related Legal Terms
- 401 K Plans
- 504 Plan [Education]
- Abuses of Governmental Power Identified Under “Watergate”
- Accountable Reimbursement Plan
- Accumulation plan [Internal Revenue]
- Acquisition Planning
- Administrator of an Employee Benefit Plan
- Agricultural Resource Management Plan
- Airplane
- Airport Capital Plan [Aeronautics and Space]
