Common use of Tax Deferred Annuities Clause in Contracts

Tax Deferred Annuities. Section 24.1 The District will purchase for any teacher, upon written request and signed authorization from the teacher, a tax-deferred annuity within the limits provided by law. The annuity will be paid for entirely by the teacher by means of regular payroll deductions. The District will transmit the money so deducted to the appropriate carrier within five (5) days of the pay dates. Any new carrier must be approved by the District. Any tax- deferred annuity program available to other Avondale employee groups will be available to teachers.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Tax Deferred Annuities. Section 24.1 25.1 The District will purchase for any teacher, upon written request and signed authorization from the teacher, a tax-deferred annuity within the limits provided by law. The annuity will be paid for entirely by the teacher by means of regular payroll deductions. The District will transmit the money so deducted to the appropriate carrier within five (5) days of the pay dates. Any new carrier must be approved by the District. Any tax- deferred annuity program available to other Avondale employee groups will be available to teachers.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

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Tax Deferred Annuities. Section 24.1 25.1 The District will purchase for any teacher, upon written request and signed authorization from the teacher, a tax-deferred annuity within the limits provided by law. The annuity will be paid for entirely by the teacher by means of regular payroll deductions. The District will transmit the money so deducted to the appropriate carrier within five (5) days of the pay dates. Any new carrier must be approved by the District. Any tax- tax-deferred annuity program available to other Avondale employee groups will be available to teachers.

Appears in 1 contract

Samples: Master Agreement

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