406.6 - Annuities for Licensed Personnel

ANNUITIES FOR LICENSED PERSONNEL

Code No. 406.6

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 chosen by the board.

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

Legal Reference:             Iowa Code §§ 260C; 273; 294.16.

Adopted:           07/12/84

Reviewed:          04/13/26

Revised:             04/13/26