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412.4 CLASSIFIED EMPLOYEE PAYROLL DEDUCTIONS

The board authorizes the administration to make a payroll deduction for classified employees' tax sheltered annuity premiums purchased from any company the employee chooses or through an Iowa-licensed salesperson selected by the employee.

 

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

 

 

 

 

 

 

 

Legal Reference:      

Iowa Code ßß 20.9; 260C; 273; 294.16 (1995).

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   12/9/96                    Reviewed  6/2017                 Revised