Annuity Investment Option. Employees who waive medical benefits may opt to invest in a 403(b) or 457 investment plan with any of the Board approved vendors through authorized payroll deductions. This option shall be terminated at any time the Board approved companies do not satisfy the non-discrimination requirements of Section 403(b), 457, or Section 89 of the Internal Revenue Code. Alternatives to this option will be mutually agreed to.
Appears in 5 contracts
Samples: Master Agreement, Support Staff Agreement, Master Agreement
Annuity Investment Option. β Employees who waive medical benefits may opt to invest in a 403(b) or 457 investment plan with any of the Board approved vendors through authorized payroll deductions. This option shall be terminated at any time the Board approved companies do not satisfy the non-discrimination requirements of Section 403(b), 457, or Section 89 of the Internal Revenue Code. Alternatives to this option will be mutually agreed to.
Appears in 1 contract
Samples: Master Agreement
