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calendar year applies to annual compensation for the determination period <br /> that begins with or within such calendar year. <br /> (d) Compensation Limitation Election Available To Certain Members: Except <br /> for purposes of determining Code §415 limitations, any member who is a <br /> highly compensated employee may elect for any plan year, on a form <br /> prescribed by the administrator, to limit his or her compensation for all <br /> purposes under this plan. <br /> (e) Certain Amounts Excluded From Compensation: However, <br /> notwithstanding the foregoing to the contrary, except for purposes of Code <br /> §415 limitations, any amount which would otherwise be considered <br /> compensation under this Section but which is received by a member as an <br /> expense allowance will not be considered compensation for purposes of <br /> the plan <br /> "Early retirement age" means the date prior to normal retirement age that the <br /> member has attained age 50 and has completed 20 years of service. <br /> "Employee" means any appointive probationary or permanent full-time <br /> commissioned salaried members of the police and fire departments of the city. In <br /> case of doubt as to whether any person is an employee within the meaning of this <br /> chapter, the decision of the board of trustees shall be final. <br /> "Member" means a member of the retirement system as defined in this <br /> section. <br /> "Normal retirement age" means the later of the date that the member <br /> completes twenty-five years of service after attaining age 50. <br /> "Pension" means the annual payments for life which shall be payable in <br /> equal monthly installments to a retiree or to a beneficiary. <br /> "Plan sponsor" shall mean the City of University City, a political <br /> subdivision of the state of Missouri. <br /> "Qualified military service shall have the same meaning as defined in <br /> section 414(u) of the Code. <br /> "Required Beginning Date" means April 1st of the calendar year following <br /> the later of the calendar year in which the member reaches age 70'/2 or the <br /> calendar year in which the member actually retires. <br /> "Retiree" means a member who has retired and is entitled to benefits from <br /> the retirement system. <br /> "Retirement date" means the first day of the month following a member's <br /> actual retirement after attainment of normal retirement age or early retirement age <br /> for reasons other than disability; provided, however, such member's normal <br />