Statutes, codes, and regulations
Idaho Administrative Code
Title IDAPA 59 - PERSI (Public Employee Retirement System of Idaho)Rule 59.01.01 - RULES FOR THE PUBLIC EMPLOYEE RETIREMENT SYSTEM OF IDAHO (PERSI)
Subchapter F - PERSI GAIN SHARING RULES
Section 59.01.01.704 - TRANSFER TO DEFINED CONTRIBUTION CHOICE ACCOUNTS

Idaho Admin. Code r. 59.01.01.704

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Current through September 2, 2024
Section 59.01.01.704 - TRANSFER TO DEFINED CONTRIBUTION CHOICE ACCOUNTS

After each member's initial share has been determined, it will be transferred to an individual account as permitted under Section 414(k) of the IRS Code, subject to individual limits imposed by the Internal Revenue Code. The Board may transfer allocations anytime after necessary compensation data is received and processed by the Board.

Idaho Admin. Code r. 59.01.01.704

Effective July 1, 2024