§ 1-5. Qualification under Internal Revenue Code.

(a) In general.

The Retirement Savings Plan is intended to be:

(1) a qualified profit-sharing plan under IRC § 401(a); and

(2) a "governmental plan" under IRC § 414(d).

(b) Construction of article.

Accordingly, any provision of this article that is subject to more than one construction or interpretation must be resolved in favor of the construction or interpretation that is consistent with the requirements of IRC § 401(a) and § 414(d).