Common use of Annuity Plan Clause in Contracts

Annuity Plan. This Agreement shall not affect a Teacher’s right to make a salary reduction election and make tax deferred contributions to a plan described in section 403(b) of the Internal Revenue Code (the “Code”) to the maximum limits allowed by the Code, and in accordance with the provisions of the Professional Agreement.

Annuity Plan. This Agreement shall not affect a Teachercertified school employee’s right to make a salary reduction election and make tax deferred contributions to a plan described in section 403(b) of the Internal Revenue Service Code (the “Code”) to the maximum limits allowed by the Internal Revenue Service Code, and in accordance with the provisions of the Professional AgreementPlan’s contract documents.