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Code No. 406.4 Staff Personnel
Payroll Deductions
406.1 403b Contributions. It shall be the policy of the Board of Directors that premiums for payment of 403b contributions may be deducted from the salaries of personnel provided that written application for such deductions shall be on file with the Board Secretary. After written application is received, the Board Secretary shall continue to deduct for the annuity until written notice is provided by the authorizing person to the contrary.
406.2 Other Payroll Deductions. The Board Secretary shall deduct from each employee’s salary each pay period amounts to satisfy:
No other deductions from paychecks will be made unless required by law or authorized by the Board of Directors.
Legal Reference: 294.16, Code of Iowa
Approved: August 14, 1989
Reviewed: April 18, 2006
Revised: August 16, 2004 |
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