406.06 - Licensed Personnel Tax Sheltered Programs

Employees may elect to have amounts withheld from their pay for items authorized by law, subject to agreement of the district.  The board may authorize the administration to make a payroll deduction for licensed employees’ tax-sheltered annuity premiums purchased from a company or program if chose by the board. 

Licensed employees wishing to have payroll deductions for tax-sheltered annuities will make a written request to the superintendent by the 1^st of the month.

 

 

Legal Reference:  Iowa Code §§ 260C; 273; 294.16
                                      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:  3-31-92              
Reviewed:  10-10-22            
Revised:  2-13-19