Common use of Insurance/Investment Plans Clause in Contracts

Insurance/Investment Plans. a. The Board shall provide a means for teachers to participate in insurance/investment plans. To afford teachers some choice, the Board shall designate not more than twenty (20) carriers, on recommendation of the Association, to participate through payroll deduction with the provision that there be one register, one payment to a central disburser and that the individual payment records must be obtained from the carrier. Xxxxxxxx, if any, must be sent to the central disburser. b. The Board and the Association agree that the Board's only interest in TDA shall be withholding amounts authorized by teachers and forwarding these amounts to a central disburser. All other matters shall be personal business between the teacher and the carrier. The Board shall have no liability for errors in judgment or for misinformation on behalf of either the individual or the carrier. A teacher may enroll in a plan at any time (1987-88 will be a pilot project). The deduction must be a standard amount per pay period and shall not be changed during the school year except to discontinue deductions for that school year.

Insurance/Investment Plans. a. The Board shall provide a means for teachers to participate in insurance/investment plans. To afford teachers some choice, the Board shall designate not more than twenty (20) carriers, on recommendation of the Association, to participate through payroll deduction with the provision that there be one register, one payment to a central disburser and that the individual payment records must be obtained from the carrier. XxxxxxxxBillings, if any, must be sent to the central disburser. b. The Board and the Association agree that the Board's only interest in TDA shall be withholding amounts authorized by teachers and forwarding these amounts to a central disburser. All other matters shall be personal business between the teacher and the carrier. The Board shall have no liability for errors in judgment or for misinformation on behalf of either the individual or the carrier. A teacher may enroll in a plan at any time (1987-88 will be a pilot project). The deduction must be a standard amount per pay period and shall not be changed during the school year except to discontinue deductions for that school year.