Common use of Salary Checks and Deduction Clause in Contracts

Salary Checks and Deduction. a. Professional personnel shall receive their contract salary in either twenty-six (26) or twenty-one (21) equal payments or every two (2) weeks during the school year. The 21-payments option must be exercised prior to the first pay period in the new school year. All employees will need to use direct deposit beginning in 2019-2020. Any new employee beginning in the 2019-20 school year will need to direct deposit to financial institutions from a list created by the Finance Department. A deposit receipt indicating a summary of earnings and deductions together with the net amount of each deposit shall be furnished to the teacher on the day of deposit. In addition to the usual deductions, teachers may make contributions to credit unions and tax-deferred annuities designated by the Board of Education and the MEA Financial Services Long Term Care Program by authorizing appropriate payroll deductions. The available annuities shall be limited to those meeting the 403(b) plan document participation requirements. A list of the approved plans will be provided to staff annually. b. Retiring staff members will be paid in full on the last payroll in June following their last year of service. c. Teachers paid for extra contracts have the choice of receiving pay in a lump sum when the activity is completed or a pro-ration for the amount of the activity completed in December and the balance at the close of the school year. d. AK B (cash in lieu of medical insurance) payments will start with the first pay date following the conclusion of the open enrollment window. The annual payment amount will be distributed equally throughout the remainder of the payroll dates for that school year.

Salary Checks and Deduction. a. Professional personnel shall receive their contract salary in either twenty-six (26) or twenty-one (21) equal payments or every two (2) weeks during the school year. The 21-payments option must be exercised prior to the first pay period in the new school year. All employees will need to use direct deposit beginning in 2019-2020. Any new employee beginning Payments shall be in the 2019-20 school year will need to direct form of a deposit to financial institutions from made in the name of each teacher with a list created bank that accepts electronic transfers designated by the Finance Departmentteacher or by payroll check. A deposit receipt indicating a summary of earnings and deductions together with the net amount of each deposit shall be furnished to the teacher on the day of deposit. In addition to the usual deductions, teachers may make contributions to credit unions and tax-deferred annuities designated by the Board of Education and the MEA Financial Services Long Term Care Program by authorizing appropriate payroll deductions. The available annuities shall be limited to those meeting the 403(b) plan document participation requirements. A list of the approved plans will be provided to staff annually. b. Retiring staff members will be paid in full on the last payroll in June following their last year of service. c. Teachers paid for extra contracts have the choice of receiving pay in a lump sum when the activity is completed or a pro-ration for the amount of the activity completed in December and the balance at the close of the school year. d. AK x. XXX B (cash in lieu of medical insurance) payments will start with the first pay date following the conclusion of the open enrollment window. The annual payment amount will be distributed equally throughout the remainder of the payroll dates for that school year.

Salary Checks and Deduction. a. Professional personnel shall receive their contract salary in either twenty-six (26) or twenty-one (21) equal payments or every two (2) weeks during the school year. The 21-payments option must be exercised prior to the first pay period in the new school year. All employees will need to use direct deposit beginning in 2019-2020. Any new employee beginning in the 2019-20 school year will need to direct deposit to financial institutions from a list created by the Finance Department. A deposit receipt indicating a summary of earnings and deductions together with the net amount of each deposit shall be furnished to the teacher on the day of deposit. In addition to the usual deductions, teachers may make contributions to credit unions and tax-deferred annuities designated by the Board of Education and the MEA Financial Services Long Term Care Program by authorizing appropriate payroll deductions. The available annuities shall be limited to those meeting the 403(b) plan document participation requirements. A list of the approved plans will be provided to staff annually. b. Retiring staff members will be paid in full on the last payroll in June following their last year of service. c. Teachers paid for extra contracts have the choice of receiving pay in a lump sum when the activity is completed or a pro-ration for the amount of the activity completed in December and the balance at the close of the school year. d. AK x. XXX B (cash in lieu of medical insurance) payments will start with the first pay date following the conclusion of the open enrollment window. The annual payment amount will be distributed equally throughout the remainder of the payroll dates for that school year.