Common use of Payroll Deduction Programs Clause in Contracts

Payroll Deduction Programs. Enrollment in District payroll deduction programs such as the 403(b), United Way, Government Bonds, approved Teacher’s Credit Union, Insurance options, Michigan Public School Employees Retirement System (MPSERS) tax-deferred payment program, and direct deposit shall be available during open enrollment periods as designated by the District, and in accordance with the established payroll schedule procedures for the year. Written employee authorization is needed to participate in District approved employee deduction programs. In such an event, Bedford Public Schools will inform the employee, in writing, of its correction within five (5) working days.