Retirement and Deferred Compensation. Section 1. Commencing with the 1994-95 school year, full-time custodians and part-time custodians on pro-rata basis, are entitled to a matching School District contribution to the Minnesota Deferred Compensation Plan (Minn. Stat. 352.96 and 356.24(a)(4)) or a Tax Sheltered Annuity (Minn. Stat. 356.24 and Internal Revenue code 403(b)) on the following basis: 0 - 3 years of actual service to the Shakopee School District. 0% In excess of three (3) years of actual service to the Shakopee School District 2.5% of salary Match will be made effective 1st payroll of the next available open enrollment.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
