Section 36-27A-6

Section 36-27A-6Contributions.

Contributions to the PEIRAF may be deducted from each participating employee's compensation or retirement allowance and transmitted to the PEIRAF in accordance with any limitations imposed by federal tax law for any tax deferred savings plan offered pursuant to the provisions of this chapter and pursuant to such rules and regulations as shall be promulgated by the board.

(Acts 1982, 2nd Ex. Sess., No. 82-776, p. 278, §6; Acts 1986, Ex. Sess., No. 86-685, p. 80, §4.)