For the purpose of this Part 1 concerning the LACERS, the following words and phrases shall have the meaning ascribed to them in this section unless a different meaning is clearly indicated by the context:
(a) Accumulated Contributions: The total of the amounts paid into the fund by the member and any interest credited to the member’s account.
(b) Beneficiary: Persons entitled to receive a benefit from the Plan.
(c) Member: An employee of the City of Los Angeles who meets the membership requirements of the Plan as further defined in ordinance(s) establishing the benefits of the Plan.
(d) Plan: The Los Angeles City Employees’ Retirement System as adopted by the Council under authority of Section 1168.
(e) Retired Member: A member who has ceased employment with the City of Los Angeles and is receiving a regular monthly benefit payment from the Plan.
(f) Retirement Fund: The trust fund established for the LACERS separate and apart from the other money of the City.
(g) System: The Los Angeles City Employees’ Retirement System (LACERS).