Idaho Code 59-1335 – Contributions — From School Employees
Current as of: 2023 | Check for updates
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Terms Used In Idaho Code 59-1335
- board: means the board provided for in sections 59-1304 and 59-1305, Idaho Code, to administer the retirement system. See Idaho Code 59-1302
- Employee: means :
Idaho Code 59-1302Employer: means the state of Idaho, or any political subdivision or governmental entity, provided such subdivision or entity has elected to come into the system. See Idaho Code 59-1302 Member: means an active member, inactive member or a retired member. See Idaho Code 59-1302 Salary: means :
Idaho Code 59-1302State: means the state of Idaho. See Idaho Code 59-1302
The contribution for a member who is classified as a school employee as defined in section 59-1302(31A), Idaho Code, shall be sixty percent (60%) of the employer contribution rate determined pursuant to section 59-1322, Idaho Code, and rounded to the nearest one hundredth percent (.01%) of salary. The board is specifically authorized to certify to the state controller the necessary adjustments in the rate of member contributions.