Common use of Annuity Programs Clause in Contracts

Annuity Programs. Pursuant to each carrier's rules and regulations and in accordance with the Board's policy and approved companies, individuals may have their gross salary reduced by a given amount. This sum will be deducted from each individual's regular paychecks and such sums will be remitted monthly to the company selected by the individual.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement