Common use of Salary Payments, Deductions Clause in Contracts

Salary Payments, Deductions. A. The annual salaries of teachers, minus such deductions as are required by the state or federal law, will be paid bi-weekly in twenty-six (26) equal installments. B. At the time they sign their contracts, teachers may elect the option to receive their July and August salary payments on the last payday in June. C. Unified professional dues may be deducted, if individual teachers so request in writing, through the payroll system in twenty-two (22) equal payments. D. Teachers may request payroll deductions such as credit union and legal services charges. E. Teachers may contribute to a qualifying tax-sheltered retirement plan, provided the district is not required to administer the plan and the district does not contribute to the plan. Teacher contributions may be made by payroll deduction. F. The Board will require direct deposit of all salary payments and require new teachers to provide written documentation of their financial institution within fourteen (14) days of employment. Teachers will notify the business office of any account changes. The Board agrees to carry liability insurance to cover any errors or omissions resulting from electronic payroll use. G. The Association agrees to indemnify and hold harmless the Board and its administration from all claims, demands, and liabilities that may arise as a result of deductions made pursuant to C., D. and E. above. H. Those receiving extracurricular stipends may elect, at the time of signing their extra-curricular agreement, to receive their stipend in twenty-six (26) equal payments, in one lump sum at the end of their extracurricular activity/season, or in two (2) equal installments; one half way through the season and the other at the end of the season upon request.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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