Deferred Benefit. During each year that this Contract is in effect, the Board shall contribute a sum equal to ten percent (10%) of the Superintendent=s annual salary on behalf of the Superintendent to a retirement plan qualified under § 403-B of the IRS code selected by the Superintendent.
Appears in 1 contract
Sources: Employment Contract
Deferred Benefit. During each year that this Contract is in effect, the Board shall contribute a sum equal to ten percent (10%) of the Superintendent=s ’s annual salary on behalf of the Superintendent to a retirement plan qualified under § 403-B of the IRS code selected by the Superintendent.
Appears in 1 contract
Sources: Employment Agreement