Payroll Options. A. Teachers shall elect to be paid in twenty-six (26) or twenty-two (22) equal bi-weekly payments. This election will remain in effect for the entire year and will continue year to year thereafter unless the Superintendent's office is notified in writing by August 1 of any year that the teacher wishes to change the elected pay option. Both the twenty-six (26) and twenty-two (22) payroll options shall be made by direct deposit into the individual teacher bank account identified by the teacher to the Board. Each teacher shall have the right to change the bank account into which the Board deposits their payroll check upon seven (7) days written notice to the superintendent. B. Newly employed teachers will be informed of these two (2) pay options and shall select one or the other within two (2) weeks of their employment. C. Teachers will be notified of the school corporation's pay schedule for the ensuing year by July 15 of each year.
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Samples: Master Agreement, Master Agreement, Master Agreement