§ 36-10.3-6. Supplemental employer and member contributions. [Effective until July 1, 2020.] (a) A supplemental member shall contribute to the member's individual account an amount equal to two percent (2%) of the member's compensation from July 1 to the following June 30 in addition to the requirements of § 36-10.3-4. For such members, a supplemental employer shall contribute to the member's individual account an amount equal to two percent (2%) of the member's compensation from July 1 to the following June 30 in addition to the requirements of § 36-10.3-5.
(b) A supplemental employer may request a different level of supplemental member contributions and supplemental employer contributions subject to the approval of the state investment commission.
History of Section. (P.L. 2011, ch. 408, § 9; P.L. 2011, ch. 409, § 9.)
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