Optional Salary Reduction. Employees shall have the option of entering into salary reduction agreements for the purpose of funding contributions to the following: A. 403(b) Tax Deferred Providers A list of the agreed upon 403(b) Tax Deferred Plan Vendors will be on file in the Human Resources Office and the WTEA Office. Elective Employee (salary reduction) Contributions to 403(b) Tax Deferred Plans may be elected or amended during the following periods during each school year: September 1 through 15 December 1 through 15 March 1 through 15 June 1 through 15 The elections and/or amendments made during this period will be implemented in the first pay date of the month immediately following those periods. Any authorization for payroll deductions listed in this section shall be revocable at any time by the employee upon submission of a written revocation to the Business Office. B. A Xxxx 403(b) option(s) will be provided to teachers. C. Section 125 Plan
Appears in 5 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Optional Salary Reduction. Employees shall have the option of entering into salary reduction agreements for the purpose of funding contributions to the following:
A. 403(b) Tax Deferred Providers A list of the agreed upon 403(b) Tax Deferred Plan Vendors will be on file in the Human Resources Office and the WTEA Office. Elective Employee (salary reduction) Contributions to 403(b) Tax Deferred Plans may be elected or amended during the following periods during each school year: September 1 through 15 December 1 through 15 March 1 through 15 June 1 through 15 The elections and/or amendments made during this period will be implemented in the first pay date of the month immediately following those periods. Any authorization for payroll deductions listed in this section shall be revocable at any time by the employee upon submission of a written revocation to the Business Office.
B. A Xxxx 403(b) option(s) will be provided to teachers.
C. Section 125 PlanPlan Section 3.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Optional Salary Reduction. Employees shall have the option of entering into salary reduction agreements for the purpose of funding contributions to the following:
A. 403(b) Tax Deferred Providers A list of the agreed upon 403(b) Tax Deferred Plan Vendors will be on file in the Human Resources Office and the WTEA Office. Elective Employee (salary reduction) Contributions to 403(b) Tax Deferred Plans may be elected or amended during the following periods during each school year: September 1 through 15 December 1 through 15 March 1 through 15 June 1 through 15 The elections and/or amendments made during this period will be implemented in the first pay date of the month immediately following those periods. Any authorization for payroll deductions listed in this section shall be revocable at any time by the employee upon submission of a written revocation to the Business Office.
B. A Effective on or after January 1, 2017 a Xxxx 403(b) option(s) will be provided to teachers.
C. Section 125 Plan
Appears in 1 contract
Samples: Collective Bargaining Agreement
