Salary Reduction Plan. Each licensed teacher may enter into a salary reduction agreement with the board for the purpose of allocating an annual amount not to exceed $9,500 to the USD 358 Section 125 Salary Reduction Flexible Benefit Plan. The board shall determine the benefits to be included in the flexible benefit plan. (The board further reserves the right to determine the vendor and the individual benefits of each insurance benefit included in the plan.) The board shall make reasonable efforts to include a family medical insurance program together with a cancer insurance and dental insurance plan as options.
Appears in 5 contracts
Samples: Negotiated Agreement, Negotiated Agreement, Negotiated Agreement