412.4 CLASSIFIED EMPLOYEE TAX SHELTER PROGRAMS

Code No.  412.4

 

CLASSIFIED EMPLOYEE TAX SHELTER PROGRAMS

 

The board authorizes the administration to make a payroll deduction for classified employees' tax sheltered annuity premiums purchased from a company or program chosen by the board and collective bargaining units.

 

Classified employees wishing to have payroll deductions for tax sheltered annuities will make a written request to the superintendent.

 

 

 

 

 

 

 

 

 

 

 

Legal Reference:           Iowa Code §§ 20.9; 294.16 (1993).

                                    1988 Op. Att'y Gen. 38.

                                    1976 Op. Att'y Gen. 462, 602.

                                    1966 Op. Att'y Gen. 211, 220.

 

 

Cross Reference:           706  Payroll Procedures

 

 

 

 

 

 

 

Approved: 8/23/94            

Reviewed:  04/08/96; 4/12/99; 4/12/04; 5/11/09; 4/09/14; 8/13/19; 4/16/24        

Revised:  01/14/09