97B.11  Contributions by employer and employee.

Each employer shall deduct from the wages of each member of the retirement system a contribution in the amount of three and seven-tenths percent of the covered wages paid by the employer, until the member's termination from employment. The contributions of the employer shall be in the amount of five and seventy-five hundredths percent of the covered wages of the member.

Section History: Early form

  [C46, 50, § 97.8, 97.12; C54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 97B.11]

Section History: Recent form

  88 Acts, ch 1242, § 16; 92 Acts, ch 1201, § 14; 96 Acts, ch 1187, §4; 98 Acts, ch 1183, §12; 2000 Acts, ch 1077, §24; 2003 Acts, ch 145, §286


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