Annuity. The Board of School Trustees agrees to establish and make available to members of the bargaining unit a 403(b) plan as approved by the Board on November 23, 2008. By adopting a 403(b) plan the Lafayette School Corporation (LSC) assumes only those responsibilities required of a non-ERISA plan sponsor. The Lafayette School Corporation does not assume any responsibility or liability for the success or failure of the performance of individual participants’ investment selections. The LEA and the LSC agree to establish a committee of ten (10) people, five (5) appointed by the LEA and five
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Sources: Master Contract, Master Contract, Master Contract