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165 Salary Reduction Account

Account code: 165
Account title: Salary Reduction Account
Administering agency: 1070 - Wash State Health Care Authority
Fund type: HD - Agency Funds
Roll-up fund: KA - Clearing Fund
Cash type: 1 - Treasury Fund
SAAM budget type: Nonappropriated/Nonallotted (N)
Interest earning authority:
Authority: RCW 41.05.123
Closing GL Code:
Description: A plan whereby state employees and officers may agree to a reduction of salary which reduction will allow the employee to participate in benefits offered pursuant to 26 U.S.C. Sec. 125. An act relating to dependent care; amending RCW 41.04.260; and adding new sections to chapter 41.04 RCW.
Sources of revenue: Revenues are not applicable to this fund type
Clientele: State employees
Effective date: 7/1/1987
Inactive date: