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Updated

Adoption Date: 06/22/2021

Revision History: 02/22/22 (reviewed), 12/13/22 (reviewed), 12/12/23 (reviewed)

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

Policy References:

Legal Reference:

Small Business Job Protection Act of 1996, Section 1450(a), repealing portions of IRS REG § 1.403(b)-1(b)(3).
Iowa Code §§ 260C; 273; 294.16.

Cross Reference:

706.2    Payroll Deductions
 

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