Idaho Administrative Code
Title IDAPA 59 - PERSI (Public Employee Retirement System of Idaho)
Rule 59.01.01 - RULES FOR THE PUBLIC EMPLOYEE RETIREMENT SYSTEM OF IDAHO (PERSI)
Subchapter G - PERSI GAIN SHARING RULES
Section 59.01.01.753 - CREDIT OF ALLOCATION

Universal Citation: ID Admin Code 59.01.01.753
Current through August 31, 2023

After each employer's share has been determined, it will be credited against the employer's future contribution invoices. The credits shall be applied only to offset future employee and employer contributions required to be remitted by Section 59-1325(1), Idaho Code, until the credit is exhausted. An employer may elect to use the credits solely against employer contributions to the extent that no carry-over credits (as described in Section 754) result. (3-31-22)

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