Original Adopted Date: 2-14-83 Last Revised Date: 8-22-22 Last Reviewed Date: 11-28-16
The board authorizes the administration to make a payroll deduction for licensed employees' tax-sheltered annuity premiums purchased from a company or program chosen by the board and collective bargaining units.
Licensed employees wishing to have payroll deductions for tax-sheltered annuities will make a written request to the superintendent.
The requirements stated in the Master Agreement/Staff Handbook between employees in the certified collective bargaining unit and the board regarding the tax-sheltered annuities of such employees will be followed.
Legal Reference: Iowa Code §§ 20.9; 260C; 273; 294.16 (2013).
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