Code Number: 402.7
The District allows employees to make a deduction from their salary into a personal 403(b) account provided through the State of Iowa Retirement Investors Club (RIC). The District shall provide plan information to employees and forms authorizing such deduction by the employee. The District maintains a plan document and an adoption agreement with the State of Iowa which oversees the RIC.
- First Adoption:
- 1984-01-10
- Revision Adoption:
- February 14, 1995/ April 24, 2001/ January 11, 2010/ January 26, 2015/ March 9, 2020
- Reviewed Dates:
- February 18, 2020
- Legal Reference:
- Iowa Code ยง294.16