Career Transition Trust. 1. Definition of Plan:
Career Transition Trust. Definition of Plan: All employees hired prior to July 1, 2004, must elect between sick leave severance and the Career Transition Trust (“CTT”). The Employee Benefits Department will distribute election forms no later than December 31, 2004. All employees must submit their election form to the Employees Benefit Department no later than June 30, 2004. If elections are not submitted for individual employees the CTT option will be selected by default. The selection made by employees or default will be binding. All employees hired after June 30, 2004, shall only be eligible for the CTT.
Career Transition Trust. District Matching Contribution (July 1, 2022 through June 30, 2024) The District match will be deposited into the employee’s 403(b)/457 throughout the school year. Seniority Years District Matching Contribution 13 - 15 years $498 16 - 20 years $609 21 - 25 years $705 26+ years $793
Career Transition Trust
