Tax Shelter Annuity. The Board will, upon request, reduce the salaries of employees for contributions to tax sheltered annuities approved by the Board for payroll reductions.
Tax Shelter Annuity. Adjunct faculty members may invest in the available tax sheltered annuity program at Oakton Community College.
Tax Shelter Annuity. Payroll deductions may be made upon written permission for those members desiring to participate in the tax sheltered annuity program. The Board's obligation is extended only to the clerical cost of the program. The program, which qualifies under the terms of Section 403 (b) of the Internal Revenue Code, shall be limited to five companies. An additional five companies will be permitted on or after August 24, 1998, with the first five companies submitted to the Superintendent’s Office being eligible. Companies not used for a period of one year as of September 1st, of each school year will be deleted from the list.
Tax Shelter Annuity. The District agrees to allow sign-up for and change in the dollar amounts throughout the year. The district will arrange for a tax sheltered annuity at the request of five (5) or more employees. Any employee transferring into the District with an existing annuity may keep that annuity and which now will be available to all employees. A list of the available annuity plans will be available at the District office.
Tax Shelter Annuity. The SUPERINTENDENT shall be permitted to participate in the District’s tax sheltered annuity programs, including deductions from wages therefor. The District shall reimburse the Superintendent for his contributions to a tax sheltered annuity selected by him up to a maximum amount permitted by law. Such reimbursement will be reported as regular income and be paid co-incident with each paycheck.
Tax Shelter Annuity. The Board will pay $4,200 annually toward a tax shelter annuity with a vendor that is part of the MAPS 403(b) plan.
Tax Shelter Annuity. The BOARD will contribute 5.65% on the Internal Revenue Code §401(a)(17) maximum limit on an annual basis as a non-elective contribution.
Tax Shelter Annuity. This plan shall be available to all full-time employees of the School District by means of payroll deduction. Such annuities will be mutually acceptable to the District and the Association.
Tax Shelter Annuity. All employees shall be eligible to participate in a tax sheltered annuity plan selected by the Association. The Board shall deduct from the salaries of the employees, the sum authorized and transmit said sum to the appropriate agency per the agency billing cycle. Except in the case of an emergency, said deductions shall be forwarded on the pay date that it is made.
Tax Shelter Annuity. Program offered through Xxxxxxxx Company. Employees may contribute up to 20% from salary prior to taxes. Continuous enrollment or changes allowed; may withdraw at any time; taxes paid upon withdrawal or retirement.
