Common use of Plan II Clause in Contracts

Plan II. A secretarial/clerical employee is eligible to participate in a School District matching annuity program as provided in M.S. 356.24 after three (3) years of combined service as a member of the secretarial/clerical or the paraprofessional bargaining units. The chart below lists the maximum annual School District contribution for full time employees. The contributions for part-time employees will be pro-rated. a. Three (3) years or more, less than five (5) years $1,300 annually b. Five (5) years or more, less than ten (10 years $1,800 annually c. Ten (10 years or more $2,300 annually

Plan II. A secretarial/clerical employee is eligible to participate in a School District matching annuity program as provided in M.S. 356.24 after three (3) years of combined service as a member of the secretarial/clerical or the paraprofessional bargaining units. The chart below lists the maximum annual School District contribution for full time employees. The contributions for part-time employees will be pro-rated. a. Three (3) years or more, less than five (5) years $1,300 1,100 annually b. Five (5) years or more, less than ten (10 years $1,800 1,600 annually c. Ten (10 years or more $2,300 2,100 annually