### Question
What does State pension plan mean?


### Answer
**State pension plan** has the following meaning in *15 U.S.C. § 78bb*:

> a pension plan established and maintained for its employees by the government of a State or political subdivision thereof, or by any agency or instrumentality thereof

#### Citation:
  - *15 U.S.C. § 78bb*
  - Heading: **CHAPTER 2B-SECURITIES EXCHANGES**

