Common use of NON-ELECTIVE EMPLOYER PAID CONTRIBUTIONS Clause in Contracts

NON-ELECTIVE EMPLOYER PAID CONTRIBUTIONS. I. Post-Employment Contributions Only Professional Employees employed during the 2007-2008 school year will be eligible for Post- Employment Contributions. Post-Employment Contributions will not apply to any Professional Employee newly hired for the 2008-2009 or subsequent school years. The Board of Education provides a Post-Employment Contributions plan in order to facilitate the voluntary retirement of Professional Employees of the school district who may find it necessary or desirable to retire from employment with the district prior to retirement age as provided pursuant to 42 U.S.C. § 416 (l)(I) of the Social Security Act. Any eligible Professional Employee may elect to take Post Employment Contributions under the terms and conditions set forth in this policy. Early retirement is entirely voluntary and at the discretion of an eligible Professional Employee. Eligibility - Any Professional Employee is eligible for Post-Employment Contributions if such Professional Employee (a) is currently a full-time or part-time Professional Employee of the school district, (b) has fifteen (15) years or more of full-time or full-time equivalency employment service with the school district, (c) has twenty (20) years or more of service credit recognized by Kansas Public Employees Retirement System (KPERS), and (d) must have reached their fifty-seventh (57th) birthday on or by September 1, in the year in which they retire, and have not reached retirement age as provided pursuant to 42 U.S.C. § 416 (l)(I) of the Social Security Act on or by August 31, in the year which they retire. Any Professional Employee is also eligible for Post- Employment Contributions if such Professional Employee's combined age and years of service credit in KPERS totals eighty-five (85) "points" and such Professional Employee meets the above (a) and (b) requirements. Eligibility for Post-Employment Contributions shall be determined by the KPERS designee (Payroll Department). Any Professional Employee applying for Post- Employment Contributions shall have the responsibility to provide all facts and information necessary to prove eligibility for Post-Employment Contributions and to verify benefits to be paid. Application - Any Professional Employee may apply for Post-Employment Contributions by giving written notice to the Department of Human Resources. Such written notice shall be submitted on or before the March 1st preceding the anticipated retirement date and shall include the following information if known:

NON-ELECTIVE EMPLOYER PAID CONTRIBUTIONS. I. Post-○ Post Employment Contributions Only Professional - Employees employed during the hired on or before July 1, 2007-2008 school year , will be eligible for Post- Post Employment Contributions. Post-Post Employment Contributions will not apply to any Professional Employee employee newly hired for the 2008-2009 on or subsequent school yearsafter July 2, 2007. The Board of Education provides a Post-Post Employment Contributions plan in order to facilitate the voluntary retirement of Professional Employees employees of the school district who may find it necessary or desirable to retire from employment with the district prior to retirement age as provided pursuant to 42 U.S.C. § $ 416 (l)(I) of the Social Security Act. Any eligible Professional Employee employee may elect to take Post Employment Contributions under the terms and conditions set forth in this policy. Early retirement is Post Employment Contributions are entirely voluntary and at the discretion of an eligible Professional Employeeemployee. ○ Eligibility - Any Professional Employee employee is eligible for Post-Post Employment Contributions if such Professional Employee (a) employee: ■ is currently a full-time or part-time Professional Employee employee of the school district, (b) ■ has fifteen (15) years or more of full-time or full-time equivalency employment service with the school district, (c) ■ has twenty (20) years or more of service credit recognized by Kansas Public Employees Retirement System (KPERS), and (d) ■ must have reached their his/her fifty-seventh (57th) birthday on or by September 1, in the year in which they retireshe/he retires, and have not reached retirement age as provided pursuant to 42 U.S.C. § $ 416 (l)(I) of the Social Security Act on or by August 31, in the year which they retireshe/he retires. Any Professional Employee employee is also eligible for Post- Post Employment Contributions if such Professional Employeeemployee's combined age and years of service credit in KPERS totals eighty-five (85) "points" and such Professional Employee employee meets the above (a) and (b) requirements. Eligibility for Post-Post Employment Contributions shall be determined by the KPERS designee (Payroll Department). Any Professional Employee employee applying for Post- Post Employment Contributions shall have the responsibility to provide all facts and information necessary to prove eligibility for Post-Post Employment Contributions and to verify benefits to be paid. Application - Any Professional Employee employee may apply for Post-Post Employment Contributions by giving written notice to the Department of Human Resources. Such written notice shall be submitted on or before the March 1st preceding the anticipated retirement date and shall include the following information if known:: a. a statement of the applicant's desire to take Post Employment Contributions, b. the anticipated date of retirement, c. the applicant's birthday and age on the date of retirement, d. the current mailing address and telephone number of the applicant, e. the number of years the applicant has been employed by the school district, f. the total number of years of service credit recognized by KPERS, g. applicant's current annual salary, and h. whether the applicant desires to continue participation in the school district's health insurance program to retirement age as provided pursuant to 42 U.S.C. $ 416 (l)(I) of the Social Security Act. Exceptions to Such Policy – Extenuating circumstances which might result in an employee requesting Post Employment Contributions after the March 1 date will be evaluated jointly on a case by case basis by the U nion’s Executive Board and Superintendent. Following final action on any application for Post Employment Contributions, the Human Resources Department shall notify the applicant, in writing by April 15, of the amount of annual Post Employment Contributions benefits to be paid. ○ Post Employment Contributions Benefits - The annual Post Employment Contributions benefit for full-time or part-time employees who meet all the eligibility requirements shall be a sum of money equal to the product of ■ the number of years' service credit recognized by KPERS for such employee, multiplied by ■ the largest base salary received by the employee as a result of employment with the school district during any one (1) of five (5) immediately preceding school years (July 1 through June 30), multiplied by a factor of .006. Terms and Conditions - The following terms and conditions shall apply to the School District's Post Employment Contributions plan: ● The annual Post Employment Contributions benefit shall be payable by the District as of December 20 beginning with the year in which the eligible professional employee shall have taken early retirement, not to exceed in total five consecutive annual payments. Annual payments paid by the District hereunder shall be paid with respect to the limitation year for purpose of IRC Section 415 that includes December 20, taking into account the application of IRC Section 403(b)(3). The District shall contribute such Post Employment Contribution Amount within six weeks of this December 20 date. The annual payment will be contributed by the District to the eligible employee’s 403(b) Plan account established for the retiree with the District in the form of an Employer non-elective contribution. The Plan and assets in the Plan shall be subject to IRC Section 403(b) and regulations thereunder. The retiree may choose to leave assets in the account and withdraw them at a later date or choose to withdraw the assets from the account immediately after the account is funded with such contribution, all subject to the provisions of IRC Section 403(b) and regulations thereunder and the terms of the 403(b) plan. In the event that a retiree dies subsequent to taking early retirement but prior to receiving at least one annual payment hereunder, one payment shall be made for the year of death to the 403(b) account of the retiree in the annual amount as otherwise set forth in this Article. In the event that a retiree dies after the year in which the retiree has taken early retirement but prior to receiving five annual payments, a final contribution shall be made by the District to the 403(b) account of the retiree equal to the lesser of: a) the Post Employment Contributions amount otherwise due the retiree during the year of death; or b) the amount equal to the retiree’s includible compensation for purpose of IRC Section 415(c) for the last full year of service divided by the full number of months in which the retiree was alive in such year, and no further contributions shall be required to be made by the District thereafter. ● An employee taking Post Employment Contributions shall have the option to continue participation in the school district's health insurance program. The District shall provide the same health insurance program benefit provided to current employees (or the prorated amount determined by the employee’s full time equivalency at the time of retirement) not to exceed a maximum of seven (7) years or until Medicare eligibility is met, whichever comes first. If the employee is participating in family coverage, family members must meet eligibility requirements as set forth in the plan document. Family members who become eligible for Medicare prior to the retirees’ Medicare eligibility will be subject to Medicare regulations. Medicare eligible participants (spouse or dependent) will be transferred to a single policy. Deduction for the Medicare eligible spouse or dependent will be equal to the computed MER rate (Medicare Exclusion Rider). In the event that an employee has been employed at less than full-time due to health reasons, the employee may submit documentation from a physician supporting the need for part-time employment in order to qualify for a single membership paid by the D istrict instead of the prorated amount. The District shall retain the right to request a second opinion from a physician of the District’s choice. The cost of a second opinion shall be borne by the District. In order to receive the fully paid single membership, the employee must not have been part-time for more than three consecutive years immediately prior to early retirement. ● The option for the retired employee to participate in the District's health insurance program shall automatically terminate at retirement age as provided pursuant to 42 U.S.C. $ 416 (l)(I) of the Social Security Act or until Medicare eligibility is met subject to any right provided pursuant to COBRA, ● Any employee who takes Post Employment Contributions shall have the responsibility to keep the S chool District informed of his/her current mailing address and telephone number, ● Any person receiving Post Employment Contributions may apply for reemployment in the D istrict. If the person is re-employed by the D istrict in a contracted position, he/she must give up the Post Employment Contribution benefits. No employee will receive more than a total of five (5) years of Post Employment Contribution benefits. ● If death should occur to the recipient during this agreement, the Board of Education will honor said agreement for that fiscal year only. If compensation has not been paid at the time of death, said compensation shall be paid for that one year to the beneficiary as designated under the Kansas Public Employees Retirement System. ● No Post Employment Contributions will be paid prior to the employee’s retirement under the Kansas Public Employees Retirement System. Non-Elective Contributions A Non-Elective Employer Contributory Employer Paid Deferred Benefit Account 403(b) will be established for each classified employee employed at least half time in USD 497. This account will be separate from any employee paid deferred benefit account, and no employee contributions, via salary reduction or otherwise, shall be allowed into the account. ○ The following terms and conditions apply: ■ The District will contribute to the Employer Paid Account for each classified employee who works at least 4.0 hours per day. The full contribution is $60 per month ($720 annually). Contributions will be prorated based on the following chart: Hours Contribution

NON-ELECTIVE EMPLOYER PAID CONTRIBUTIONS. I. Post-○ Post Employment Contributions Only Professional - Employees employed during the hired on or before July 1, 2007-2008 school year , will be eligible for Post- Post Employment Contributions. Post-Post Employment Contributions will not apply to any Professional Employee employee newly hired for the 2008-2009 on or subsequent school yearsafter July 2, 2007. The Board of Education provides a Post-Post Employment Contributions plan in order to facilitate the voluntary retirement of Professional Employees employees of the school district who may find it necessary or desirable to retire from employment with the district prior to retirement age as provided pursuant to 42 U.S.C. § $ 416 (l)(I) of the Social Security Act. Any eligible Professional Employee employee may elect to take Post Employment Contributions under the terms and conditions set forth in this policy. Early retirement is Post Employment Contributions are entirely voluntary and at the discretion of an eligible Professional Employeeemployee. ○ Eligibility - Any Professional Employee employee is eligible for Post-Post Employment Contributions if such Professional Employee (a) employee: ■ is currently a full-time or part-time Professional Employee employee of the school district, (b) ■ has fifteen (15) years or more of full-time or full-time equivalency employment service with the school district, (c) ■ has twenty (20) years or more of service credit recognized by Kansas Public Employees Retirement System (KPERS), and (d) ■ must have reached their his/her fifty-seventh (57th) birthday on or by September 1, in the year in which they retireshe/he retires, and have not reached retirement age as provided pursuant to 42 U.S.C. § $ 416 (l)(I) of the Social Security Act on or by August 31, in the year which they retireshe/he retires. Any Professional Employee employee is also eligible for Post- Post Employment Contributions if such Professional Employeeemployee's combined age and years of service credit in KPERS totals eighty-five (85) "points" and such Professional Employee employee meets the above (a) and (b) requirements. Eligibility for Post-Post Employment Contributions shall be determined by the KPERS designee (Payroll Department). Any Professional Employee employee applying for Post- Post Employment Contributions shall have the responsibility to provide all facts and information necessary to prove eligibility for Post-Post Employment Contributions and to verify benefits to be paid. Application - Any Professional Employee employee may apply for Post-Post Employment Contributions by giving written notice to the Department of Human Resources. Such written notice shall be submitted on or before the March 1st preceding the anticipated retirement date and shall include the following information if known:: a. a statement of the applicant's desire to take Post Employment Contributions, b. the anticipated date of retirement, c. the applicant's birthday and age on the date of retirement, d. the current mailing address and telephone number of the applicant, e. the number of years the applicant has been employed by the school district, f. the total number of years of service credit recognized by KPERS, g. applicant's current annual salary, and h. whether the applicant desires to continue participation in the school district's health insurance program to retirement age as provided pursuant to 42 U.S.C. $ 416 (l)(I) of the Social Security Act. Exceptions to Such Policy – Extenuating circumstances which might result in an employee requesting Post Employment Contributions after the March 1 date will be evaluated jointly on a case by case basis by the Union’s Executive Board and Superintendent. Following final action on any application for Post Employment Contributions, the Human Resources Department shall notify the applicant, in writing by April 15, of the amount of annual Post Employment Contributions benefits to be paid. ○ Post Employment Contributions Benefits - The annual Post Employment Contributions benefit for full-time or part-time employees who meet all the eligibility requirements shall be a sum of money equal to the product of ■ the number of years' service credit recognized by KPERS for such employee, multiplied by ■ the largest base salary received by the employee as a result of employment with the school district during any one (1) of five (5) immediately preceding school years (July 1 through June 30), multiplied by a factor of .006. Terms and Conditions - The following terms and conditions shall apply to the School District's Post Employment Contributions plan: ● The annual Post Employment Contributions benefit shall be payable by the District as of December 20 beginning with the year in which the eligible professional employee shall have taken early retirement, not to exceed in total five consecutive annual payments. Annual payments paid by the District hereunder shall be paid with respect to the limitation year for purpose of IRC Section 415 that includes December 20, taking into account the application of IRC Section 403(b)(3). The District shall contribute such Post Employment Contribution Amount within six weeks of this December 20 date. The annual payment will be contributed by the District to the eligible employee’s 403(b) Plan account established for the retiree with the District in the form of an Employer non-elective contribution. The Plan and assets in the Plan shall be subject to IRC Section 403(b) and regulations thereunder. The retiree may choose to leave assets in the account and withdraw them at a later date or choose to withdraw the assets from the account immediately after the account is funded with such contribution, all subject to the provisions of IRC Section 403(b) and regulations thereunder and the terms of the 403(b) plan. In the event that a retiree dies subsequent to taking early retirement but prior to receiving at least one annual payment hereunder, one payment shall be made for the year of death to the 403(b) account of the retiree in the annual amount as otherwise set forth in this Article. In the event that a retiree dies after the year in which the retiree has taken early retirement but prior to receiving five annual payments, a final contribution shall be made by the District to the 403(b) account of the retiree equal to the lesser of: a) the Post Employment Contributions amount otherwise due the retiree during the year of death; or b) the amount equal to the retiree’s includible compensation for purpose of IRC Section 415(c) for the last full year of service divided by the full number of months in which the retiree was alive in such year, and no further contributions shall be required to be made by the District thereafter. ● An employee taking Post Employment Contributions shall have the option to continue participation in the school district's health insurance program. The District shall provide the same health insurance program benefit provided to current employees (or the prorated amount determined by the employee’s full time equivalency at the time of retirement) not to exceed a maximum of seven (7) years or until Medicare eligibility is met, whichever comes first. If the employee is participating in family coverage, family members must meet eligibility requirements as set forth in the plan document. Family members who become eligible for Medicare prior to the retirees’ Medicare eligibility will be subject to Medicare regulations. Medicare eligible participants (spouse or dependent) will be transferred to a single policy. Deduction for the Medicare eligible spouse or dependent will be equal to the computed MER rate (Medicare Exclusion Rider). In the event that an employee has been employed at less than full-time due to health reasons, the employee may submit documentation from a physician supporting the need for part-time employment in order to qualify for a single membership paid by the District instead of the prorated amount. The District shall retain the right to request a second opinion from a physician of the District’s choice. The cost of a second opinion shall be borne by the District. In order to receive the fully paid single membership, the employee must not have been part-time for more than three consecutive years immediately prior to early retirement. ● The option for the retired employee to participate in the District's health insurance program shall automatically terminate at retirement age as provided pursuant to 42 U.S.C. $ 416 (l)(I) of the Social Security Act or until Medicare eligibility is met subject to any right provided pursuant to COBRA, ● Any employee who takes Post Employment Contributions shall have the responsibility to keep the School District informed of his/her current mailing address and telephone number, ● Any person receiving Post Employment Contributions may apply for reemployment in the District. If the person is re-employed by the District in a contracted position, he/she must give up the Post Employment Contribution benefits. No employee will receive more than a total of five (5) years of Post Employment Contribution benefits. ● If death should occur to the recipient during this agreement, the Board of Education will honor said agreement for that fiscal year only. If compensation has not been paid at the time of death, said compensation shall be paid for that one year to the beneficiary as designated under the Kansas Public Employees Retirement System. ● No Post Employment Contributions will be paid prior to the employee’s retirement under the Kansas Public Employees Retirement System. Non-Elective Contributions A Non-Elective Employer Contributory Employer Paid Deferred Benefit Account 403(b) will be established for each classified employee employed at least half time in USD 497. This account will be separate from any employee paid deferred benefit account, and no employee contributions, via salary reduction or otherwise, shall be allowed into the account. ○ The following terms and conditions apply: ■ The District will contribute to the Employer Paid Account for each classified employee who works at least 4.0 hours per day. The full contribution is $60 per month ($720 annually). Contributions will be prorated based on the following chart: Hours Contribution