Common use of PARTICIPATION IN TAX SHELTERED ANNUITY Clause in Contracts

PARTICIPATION IN TAX SHELTERED ANNUITY. All bargaining unit members shall have the right to select a tax-sheltered annuity or mutual fund of his/her choosing once each school year from the “Approved Vendor’s List”. Election of such tax sheltered annuity or mutual fund must be filed with the Treasurer’s office between August 15 and October 15 of each year. All payment withholdings shall be in accordance with the appropriate signed authorization form. A minimum of four (4) employees must participate in this program to be in effect.

PARTICIPATION IN TAX SHELTERED ANNUITY. All bargaining unit members shall have the right to select a tax-sheltered annuity or mutual fund of his/her choosing once each school year from the “Approved Vendor’s List”year. Election of such tax sheltered annuity or mutual fund must be filed with the Treasurer’s 's office between August 15 and October 15 of each year. All payment withholdings shall be in accordance with the appropriate signed authorization form. A minimum of four ten (410) employees must participate in this program to be in effect.