Board Assumption of the Superintendent’s ISTRF Employee Contribution Sample Clauses

Board Assumption of the Superintendent’s ISTRF Employee Contribution. In addition to the other forms of compensation provided to the Superintendent by this Paragraph of this Contract, the Board shall make the contribution to the Indiana State Teachers’ Retirement Fund that would otherwise be required to be paid by the Superintendent. All payments to the Superintendent constituting “basic salary”, and any reductions in basic salary as the result of a salary reduction agreement shall be included in the Superintendent’s “annual compensationfor purposes of reporting to the Indiana State Teachers’ Retirement Fund.
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Related to Board Assumption of the Superintendent’s ISTRF Employee Contribution

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