TAX SHELTER PROGRAM. Pursuant to Article 8C of the Education Law of the State of New York and subject to the prior approval of the Board of Trustees of the State University and the prior approval of the Commissioner of the Internal Revenue Service, employer agrees to continue the Special Annuity Program for employees electing to enter into an agreement with employer for the reduction of their annual salaries for the purpose of purchasing annuity contracts.
TAX SHELTER PROGRAM. 33.1 The employee shall be entitled to participate in the district approved tax shelter program administered in compliance with applicable state and federal statutes, rules and regulations.
TAX SHELTER PROGRAM. The District shall make a program available to members of the 34 executed application to participate in the program, the District shall deduct the cost for purchasing them 35 from the employee's salary.
TAX SHELTER PROGRAM. The District shall make a program available to members of the bargaining unit for the purchase of tax- sheltered annuities. Upon receipt of an employee's properly executed application to participate in such a program, the District shall deduct the cost for purchasing them from such employee's salary.
