8A.434 Iowa state employee deferred compensation trust fund.
1. A separate, special Iowa state employee deferred compensation trust fund is created in the state treasury under the control of the department. The fund shall consist of all moneys deposited in the fund pursuant to this section, any other assets that must be held in trust for the exclusive benefit of participants in the state’s deferred compensation program as required by section 457 of the federal Internal Revenue Code, and interest and earnings thereon, and shall be used for the exclusive benefit of participants in a deferred compensation program established by the state under section 509A.12.
2. The director is the trustee of the fund and shall administer the fund. Any loss to the fund shall be charged against the fund and the director shall not be personally liable for such loss. In addition, the director is the trustee of any trusts referenced in section 457(g) of the federal Internal Revenue Code. Any loss to the trusts shall be charged against the trusts and the director shall not be personally liable for such loss.
3. Any compensation or portion of compensation reduced by a participant in conjunction with a deferred compensation program established by the state under section 509A.12 and any earnings or income thereon shall be held in trust and used for the exclusive benefit of the participant or the participant’s beneficiary as provided by section 457 of the federal Internal Revenue Code.
4. For purposes of this section, custodial accounts, annuity contracts, and any other contracts referenced in section 457(g) of the federal Internal Revenue Code shall be treated as trusts for purposes of section 457 of the federal Internal Revenue Code.
5. Moneys in the fund are not subject to section 8.33. Notwithstanding section 12C.7, subsection 2, interest or earnings on moneys in the fund shall be credited to the fund.
2003 Acts, ch 145, §70
Structure Iowa Code
Title I - STATE SOVEREIGNTY AND MANAGEMENT
Chapter 8A - DEPARTMENT OF ADMINISTRATIVE SERVICES
Section 8A.102 - Department created — director appointed.
Section 8A.103 - Department — purpose — mission.
Section 8A.104 - Powers and duties of the director.
Section 8A.105 - Prohibited interests — penalty.
Section 8A.106 - Public records.
Section 8A.107 - Oaths and subpoenas.
Section 8A.108 - Acceptance of funds — solicitations for capitol complex projects.
Section 8A.109 - Federal funds.
Section 8A.110 - State employee suggestion system.
Section 8A.111 - Reports required.
Section 8A.121 - Financing department services — customer councils.
Section 8A.122 - Services to governmental entities and nonprofit organizations.
Section 8A.123 - Department internal service funds.
Section 8A.124 - Additional personnel.
Section 8A.125 - Billing — credit card payments.
Section 8A.126 - Department debts and liabilities — appropriation request.
Section 8A.201A - Chief information officer appointed.
Section 8A.202 - Information technology services — mission — powers and duties — responsibilities.
Section 8A.203 - Chief information officer — information technology services powers and duties.
Section 8A.204 - Technology advisory council.
Section 8A.205 - Digital government.
Section 8A.206 - Information technology standards.
Section 8A.207 - Procurement of information technology.
Section 8A.221 - IowAccess — duties and responsibilities.
Section 8A.222 - Financial transactions.
Section 8A.223 - Audits required.
Section 8A.224 - IowAccess revolving fund.
Section 8A.302 - Departmental duties — physical resources.
Section 8A.311 - Competitive bidding — preferences — reciprocal application — direct purchasing.
Section 8A.311A - Centralized purchasing.
Section 8A.312 - Cooperative purchasing.
Section 8A.313 - Disputes involving purchasing from Iowa state industries.
Section 8A.314 - Purchasing revolving fund.
Section 8A.315 - State purchases — recycled products — soybean-based inks.
Section 8A.315A - Purchase of chain-of-custody paper.
Section 8A.316 - Lubricants and oils — preferences.
Section 8A.317 - State purchases — designated biobased products.
Section 8A.318 - Building cleaning and maintenance — environmentally preferable cleaning products.
Section 8A.321 - Physical resources and facility management — director duties — appropriation.
Section 8A.322 - Buildings and grounds — services — public use — pistols or revolvers.
Section 8A.323 - Parking regulations.
Section 8A.324 - Disposal of personal property.
Section 8A.325 - Services and commodities accepted.
Section 8A.326 - Terrace Hill commission.
Section 8A.327 - Rent revolving fund created — purpose.
Section 8A.328 - Recycling revolving fund.
Section 8A.329 - Wastepaper recycling program.
Section 8A.330 - Routine maintenance fund — appropriation.
Section 8A.341 - State printing — duties.
Section 8A.342 - Contracts with state institutions.
Section 8A.343 - Specifications and requirements.
Section 8A.344 - Public printing — bidding procedures.
Section 8A.345 - Printing revolving fund.
Section 8A.351 - Distribution of documents — general provisions.
Section 8A.361 - Vehicle assignment — authority in department.
Section 8A.362 - Fleet management — powers and duties — fuel economy requirements.
Section 8A.363 - Private use prohibited — rate for state business.
Section 8A.364 - Fleet management revolving fund — replenishment.
Section 8A.365 - Vehicle replacement — depreciation fund.
Section 8A.366 - Violations — withdrawing use of vehicle.
Section 8A.367 - State-owned passenger vehicles — disposition and sale — fleet privatization.
Section 8A.371 - Commission created.
Section 8A.372 - Terms of office.
Section 8A.373 - Duties — report to legislature.
Section 8A.374 - Organization.
Section 8A.375 - Compensation and expenses.
Section 8A.376 - Capitol complex projects.
Section 8A.377 - Capitol — preservation of architectural and historic integrity.
Section 8A.378 - State capitol view preservation.
Section 8A.402 - State human resource management — responsibilities.
Section 8A.403 - Hiring procedures — nonmerit system positions.
Section 8A.404 - State employees — disclosure requirements.
Section 8A.405 - Foreign agent registration disclosures — penalty.
Section 8A.411 - Merit system established — collective bargaining — applicability.
Section 8A.412 - Merit system — applicability — exceptions.
Section 8A.413 - State human resource management — rules.
Section 8A.414 - Experimental research projects.
Section 8A.415 - Grievance and discipline resolution procedures.
Section 8A.416 - Discrimination, political activity, use of official influence prohibited.
Section 8A.417 - Prohibited actions.
Section 8A.418 - Federal programs exemption exceptions — penalty.
Section 8A.431 - Iowa management training system — training revolving fund.
Section 8A.432 - Combined charitable campaign program, fees, revolving fund.
Section 8A.433 - Deferred compensation plan.
Section 8A.434 - Iowa state employee deferred compensation trust fund.
Section 8A.435 - State employee deferred compensation match trust fund.
Section 8A.436 - State employee dependent care spending account trust fund.
Section 8A.437 - State employee health flexible spending account trust fund.
Section 8A.438 - Tax-sheltered investment contracts.
Section 8A.439 - Longevity pay prohibited — exception.
Section 8A.451 - Human resources administrative costs.
Section 8A.452 - Use of public buildings.
Section 8A.453 - Aid by state employees — records and information.
Section 8A.454 - Health insurance administration fund.
Section 8A.455 - Certification of payrolls — actions.
Section 8A.456 - Access to records.
Section 8A.457 - Workers’ compensation claims.
Section 8A.459 - State employee pay and allowances — electronic funds transfer.
Section 8A.460 - Terminal liability health insurance fund.
Section 8A.502 - Financial administration duties.
Section 8A.503 - Rules — deposit of departmental moneys.
Section 8A.504 - Setoff procedures.
Section 8A.505 - Cost allocation system — appropriation.
Section 8A.507 - Stating account.
Section 8A.508 - Compelling payment.
Section 8A.509 - Defense to claim.
Section 8A.510 - Requested credits — oath required.
Section 8A.511 - Requisition for information.
Section 8A.512 - Limits on claims.
Section 8A.512A - Executive branch employee travel — information and database.
Section 8A.513 - Claims — approval.
Section 8A.514 - Vouchers — interest — payment of claims.
Section 8A.515 - Warrants — form.
Section 8A.516 - Required payee.
Section 8A.517 - Prohibited payee.