Section 1-2004B - EMPLOYEE CONTRIBUTIONSThe contribution for a justice, judge of the court of appeals or district judge shall be eighteen and five-tenths percent (18.5%) of the employer contribution rate determined pursuant to section 1-2004A, Idaho Code, and rounded to the nearest one hundredth percent (.01%) of salary. The retirement board is specifically authorized to certify to the state controller the necessary adjustments in the rate of member contributions.
[1-2004B, added 2012, ch. 330, sec. 8, p. 920.]Added by 2012 Session Laws, ch. 330,sec. 8, effective on and after the first July 1 occurring at least three months after the Retirement Board has informed the Secretary of State that the Supreme Court has received a determination letter from the Internal Revenue Service ruling that the terms of the judges' retirement plan meet the applicable requirements of a qualified plan under U.S.C. Section 401 (a) and that any changes to the judges' retirement plan required by the Internal Revenue Service or the determination letter have been made.