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Title XI EDUCATION AND LIBRARIES

Chapter 169

previous next Effective - 14 Jun 1989, see footnotebottom

  169.033.  Contributions by members may be required to be credited to members' accounts by employer, board may adopt plan. — The board of trustees by regulation may adopt a plan wherein each and every employer included within the retirement system shall specify that contributions withheld from compensation to members are being paid directly to the retirement system by the employer and that the members had no option to receive the contributions directly.  These contributions shall be credited to member accounts as required by law, shall be included in the individual member salaries reported to the retirement system, and shall in all ways be considered member contributions.

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(L. 1989 S.B. 146)

Effective 6-14-89


---- end of effective   14 Jun 1989 ----

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