TITLE 36
Public Officers and Employees

CHAPTER 36-10.3
Defined Contribution Retirement Plan

SECTION 36-10.3-6


§ 36-10.3-6 Supplemental employer and member contributions.

(a) A supplemental member shall contribute to the member's individual account an amount equal to two percent (2%) of the member's compensation from July 1 to the following June 30 in addition to the requirements of § 36-10.3-4. For such members, a supplemental employer shall contribute to the member's individual account an amount equal to two percent (2%) of the member's compensation from July 1 to the following June 30 in addition to the requirements of § 36-10.3-5.

(b) A supplemental employer may request a different level of supplemental member contributions and supplemental employer contributions subject to the approval of the state investment commission.

History of Section.
(P.L. 2011, ch. 408, § 9; P.L. 2011, ch. 409, § 9.)