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722 Deferred Compensation Principal Account

Account code: 722
Account title: Deferred Compensation Principal Account
Administering agency: 1240 - Department of Retirement Systems
Fund type: HC - Pension Trust Funds
Roll-up fund: HT - Deferred Compensation Trust Fund
Cash type: 1 - Treasury Fund
SAAM budget type: Nonappropriated/Nonallotted (N)
Interest earning authority: 43.84.092
Authority: RCW 41.50.780
Closing GL Code: 9551
Description: Used to account for the amount of compensation deferred by government employees.
Sources of revenue: Insurance Trust and Treasurers Transfers, Interest Earnings
Clientele: Participating government employees
Effective date: 7/1/1995
Inactive date: