Miscellaneous Payroll Deductions. Upon appropriate written authorization from the employee, the Board shall deduct from the salary of any employee and make appropriate remittances for insurance, qualified 403-B plans, savings programs, and other options which qualify under current IRS code. Specific plans and programs may be instituted if jointly approved by the Association and the Board, as outlined below. It is expressly understood and agreed that while the Board will offer each employee the opportunity to participate in a Tax Deferred Investment, Annuity, or Savings Program which complies with Section 403(b) of the Internal Revenue Code, as amended, the Board shall limit the number of carriers, or other entities providing such programs, not to exceed a total of nine (9), and the list of secured providers may be obtained from the Human Resources Department. The Board shall not accept responsibility for assuring any employee that any such plan qualifies as per the aforementioned Section 403 (b) nor does the Board guarantee or in any way act in a fiduciary capacity with said program, its investments or return.
Miscellaneous Payroll Deductions. Upon appropriate written authorization from the employee, the Board shall deduct from the salary of any full-time or part-time employee and make appropriate remittances for insurance, annuities and direct deposit to approved financial institutions. Other plans or programs may be initiated if jointly approved by the Association and The Board. It is expressly understood and agreed that while the Board will offer each employee the opportunity to participate in a Tax-Deferred Annuity Program which complies with Section 403(b) of the Internal Revenue Code, as amended. The Board shall limit the number of carriers or other entities providing such programs to a total of six (6) and that the Board shall not accept responsibility for assuring any employee that any such plan qualifies as per the aforementioned Section 403(b) nor does the Board guarantee or in any way act in a fiduciary capacity with said program, its investments or return thereon.
Miscellaneous Payroll Deductions. Upon written authorization from the bargaining unit member, the Board shall deduct from the wages of the bargaining unit member and make appropriate remittance for annuities, credit union, or any other plans or programs jointly approved by the Association and Board.
Miscellaneous Payroll Deductions. Upon appropriate written authorization from the teacher, the Board shall deduct from the salary of any teacher and make appropriate remittances to any plan or program jointly approved by the Association and the Board that does not violate applicable legal standards. The Board agrees to make deductions in accordance with this provision for the following, provided the authorization form set forth as Schedule D or other proper authorization form is submitted by the teacher:
1. Insurance - Any MEA option
2. Grass Lake Education Foundation
3. Tax deferred annuities agreed to by the Board and the Association.
4. Xxxxxxx County United Fund
5. Xxxxxxx City Income Tax
6. Grass Lake EA Scholarship Fund
7. MPSERS Purchased Service Credit
(a) It is expressly understood and agreed that while the Board will offer each teacher the opportunity to participate in a jointly approved plan or program, the Board does not expressly or impliedly, warrant or guarantee any plan or program in any way.
(b) The Board and the Administration shall not be held liable in any way for the failure to transmit any payroll deduction unless it can be proven that such failure was the result of a willful action of gross negligence.
Miscellaneous Payroll Deductions. The Board shall also make payroll deductions upon written authorization from any teacher for:
1. Xxxxxxx School Employees Credit Union.
2. Xxxxxxx City Income Tax.
3. Xxxxxxx County United Fund.
4. Any additional insurance coverage or annuity plan approved by the Association. The approved annuity plans shall be limited to a total of seven (7). A list of approved annuity plans shall be submitted by the Association to the Board no later than the 4th Friday of each school year. This list shall remain unchanged for the remainder of the school year. At least two (2) employees must enroll with a new annuity company in order to have it added as a participating company. Current annuity companies may be grandfathered to the list even though less than two (2) employees are enrolled.
5. United States Savings Bonds.
6. Court ordered child support payments.
Miscellaneous Payroll Deductions. The Board shall also make payroll deductions upon written authorization from any teacher for:
1. Xxxxxxx Xxxx Xxxxxx Xxx.
0. Xxxxxxx Xxxxxx United Way.
3. Any additional insurance coverage or annuity plan approved by the Association. The approved annuity plans shall be limited to a total of seven (7). A list of approved annuity plans shall be submitted by the Association to the Board no later than the 4th Friday of each school year. This list shall remain unchanged for the remainder of the school year. At least two (2) employees must enroll with a new annuity company in order to have it added as a participating company. Current annuity companies may be grandfathered to the list even though less than two (2) employees are enrolled.
4. Court ordered child support payments.
5. Teacher Participation in Options:
(a) A teacher may affect a change or terminate any of the above options by notifying the Board at least two (2) weeks in advance of the next pay period.
(b) It is expressly understood and agreed that while the Board will offer each teacher the opportunity to participate in a jointly approved plan or program, the Board does not warrant, either expressed or implied, or guarantee any plan or program in any way.
Miscellaneous Payroll Deductions. Upon appropriate written authorization from the teacher, the Board shall deduct from the salary of any teacher and make appropriate remittances to any plan or program jointly approved by the Association and the Board. The Board agrees to make deductions in accordance with this provision for the following, provided the authorization form set forth as Schedule D or other proper authorization form is submitted by the teacher:
1. Insurance - Any MEA option
2. School Employees credit union.
3. Tax deferred annuities agreed to by the Board and the Association.
4. U.S. Savings Bonds.
5. Xxxxxxx County United Fund.
6. Xxxxxxx City Income Tax.
7. MEA Auto Insurance.
Miscellaneous Payroll Deductions. Upon written request from CSEA, and upon approval by the District, the District shall deduct from the salary of any classified employee and make appropriate remittance for annuities, approved credit unions, and/or other programs.
Miscellaneous Payroll Deductions. 1. Upon written authorization from the employee, the Board shall deduct from the salary of any employee and make prompt remittance for insurance, 403B contributions and direct deposit.
2. Employees may use the approved Qualified 403B plan for deductions. Other plans or programs may be instituted if jointly approved by the Association and the Board.
3. Authorization shall be made within thirty (30) days after the beginning of the school year (or contract ratification, whichever comes later) and may only be changed within thirty (30) days after the beginning of each semester. Changes in deductions shall also be allowed whenever there is a change in the teacher’s family status.
4. All payments to employees will be made thru direct deposit. They may also select multiple accounts for these payroll deductions.
Miscellaneous Payroll Deductions. The Superintendent/Director may authorize the deduction of various amounts from his paycheck; such deductions include, but are not limited to United Way, payroll direct deposit, etc.