Fund 165 - Salary Reduction Account
Wash State Health Care Authority - 1070
2 - Treasury Trust Fund
SAAM Budget Type:
Earnings from Investments are:
Credited to the general fund under RCW 43.79A.040(4)(a).
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:
Deposits to this account are recorded as miscellaneous revenue; however, these funds are not considered funds of the state as they are held in trust for participating state employees.
Participating state employees
Salary Reduction Account
HD - Custodial Funds
KA - Other Custodial Funds
Closing GL Code:
9584 - Restricted for Custodial