Montana Single Audit Report, Financial-Compliance Audit for the Two Fiscal Years Ended .. 2002
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In our eReader you can find the full English version of the book. Read Montana Single Audit Report, Financial-Compliance Audit for the Two Fiscal Years Ended .. 2002 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Montana Single Audit Report, Financial-Compliance Audit for the Two Fiscal Years Ended .. 2002
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DEFERRED COMPENSATION PLAN The administration of the State of Montana Deferred Compensation Program was transferred to the PERB effective July 1, 1999. The Deferred Compensation plan is a voluntary, tax-deferred retirement plan designed to supplement State Service Retirement, Social Security and other retirement plans and savings. The State of Montana has offered this plan since 1976. Internal Revenue Service Code (Section 457) and MCA (Title 19, chapter 50) govern the plan.
Assets of the defer...red compensation plan are required to be held in trusts, custodial accounts or insurance company contracts for the exclusive benefit of participants and their beneficianes.
All employees of the State, including the Montana University System and contracted employees, are eligible to participate. The compensation deferred is not available to employees until separation from State service, retirement, death, or upon an unforeseeable emergency, when still employed and meeting IRS specified criteria. Participating Page B-48 employees are able to direct their deferrals into two primary investment options; (1) a "fixed" or stable value option which guarantees both principal (the payroll deferrals) and a quarterly rate of earnings; and (2) a "variable" option which currently consists of twenty-three mutual funds, and five lifestyle/profile funds.
What to read after Montana Single Audit Report, Financial-Compliance Audit for the Two Fiscal Years Ended .. 2002?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislature. Legislative Audit Division to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
DEFERRED COMPENSATION PLAN The administration of the State of Montana Deferred Compensation Program was transferred to the PERB effective July 1, 1999. The Deferred Compensation plan is a voluntary, tax-deferred retirement plan designed to supplement State Service Retirement, Social Security and other retirement plans and savings. The State of Montana has offered this plan since 1976. Internal Revenue Service Code (Section 457) and MCA (Title 19, chapter 50) govern the plan.
Assets of the defer...red compensation plan are required to be held in trusts, custodial accounts or insurance company contracts for the exclusive benefit of participants and their beneficianes.
All employees of the State, including the Montana University System and contracted employees, are eligible to participate. The compensation deferred is not available to employees until separation from State service, retirement, death, or upon an unforeseeable emergency, when still employed and meeting IRS specified criteria. Participating Page B-48 employees are able to direct their deferrals into two primary investment options; (1) a "fixed" or stable value option which guarantees both principal (the payroll deferrals) and a quarterly rate of earnings; and (2) a "variable" option which currently consists of twenty-three mutual funds, and five lifestyle/profile funds.
What to read after Montana Single Audit Report, Financial-Compliance Audit for the Two Fiscal Years Ended .. 2002?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislature. Legislative Audit Division to read onlineMoreLess
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