PERSONNEL
406.6
LICENSED EMPLOYEE TAX SHELTER PROGRAMS
The board authorizes the administration to make a payroll deduction for licensed employees' tax sheltered annuity premiums purchased from any vendor that is part of the Iowa Department of Administrative Services Retirement Investors' Club.
The requirements stated in the Master Contract between employees in that certified collective bargaining unit and the board regarding the tax sheltered annuities of such employees shall be followed.
Legal Reference: Iowa Code §§ 20.9; 260C; 273; 294.16 (2001).
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: 1/21/99
Reviewed: 1/18/2021
Revised: 3/16/09