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 classified employees' tax-sheltered annuity premiums purchased from a company or program if chosen by the board.
Classified employees wishing to have payroll deductions for tax sheltered annuities will make a written request to the superintendent. Requests for purchase or change of tax-sheltered annuities may be made as needed to the Business Manager.
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
Approved: 11-15-21
Reviewed: 9-18-23
Revised: 9-18-23
