HRA Account Funding Guidelines. The Board will fund the teacher’s HRA account according to the following guidelines: 1. Per the Educational Services software program presentation assumptions made between the Board and the Association in negotiating the 2003-2005 Agreement, the Board funded with a lump sum the HRA account of any teacher with sixteen (16) or more years of experience prior to the start of the 2004-2005 school year. 2. The Board will contribute annually to the teacher’s HRA account an amount equivalent to one percent (1%) of the base salary for any teacher with fewer than sixteen (16) years of experience prior to the start of the 2004-2005 school year and all new hires starting 2004-2005 or thereafter. 3. The account carrier will be selected by mutual agreement between the Board and the Association.
Appears in 8 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
