§88F-2  State deferred compensationretirement plan for state and county part-time, temporary, and seasonal orcasual employees.  The State may establish a deferred compensationretirement plan in accordance with sections 457 and 3121 of the Internal RevenueCode of 1986, as amended, for the benefit of employees to defer a portion oftheir compensation to a future period of time.  Participation in the plan shallbe mandatory, with a mandatory payroll deduction by the employee equal to sevenand five-tenths per cent of the employee's gross monthly wages, which shall becontributed to the plan.  A county may enter into a formal agreement with theState to extend the State's plan and its provisions to part-time, temporary,and seasonal or casual employees of the county; provided that:

(1)  The agreement designates one of the county'sagencies to locally coordinate the plan; and

(2)  The department of human resources development maylevy fees on the county pursuant to rules adopted in accordance with chapter91. [L 1996, c 212, pt of §2; am L 2004, c 178, §2]