Tax-Deferred Annuity. The District, at the request of Xxxxxxx X. Xxxxxxx and in accordance with Massachusetts law, shall withhold and transfer an amount of salary, as designated by Xxxxxxx X. Xxxxxxx, annually, semi- annually, or monthly, to a tax-deferred annuity program chosen by Xxxxxxx X.
Tax-Deferred Annuity. The College shall make available to all full-time faculty, a salary reduction plan with any current or future approved carriers. Contributions, when made, shall be transmitted with each payroll to the appropriate carrier in accordance with the Internal Revenue Code of 1954 as amended, and the regulations thereunder. As additional carriers are approved, notification will be sent to the Faculty Forum President.
Tax-Deferred Annuity. The School Board agrees to allow teachers to take advantage of the federal law concerning tax-deferred annuities. Any new group must have at least ten (10) members.
Tax-Deferred Annuity. At the request of any administrator and in accordance with applicable state statutes and regulations, the District shall periodically withhold and transfer an amount of salary determined by the administrator, to permit him/her to participate in tax deferred annuity programs.
Tax-Deferred Annuity. The College shall make available to all full-time faculty a salary reduction plan with the Teachers Insurance Annuity Association - College Retirement Equities Fund (TIAA-CREF) and other mutually agreed upon carriers. Contributions shall be made biweekly in accordance with Internal Revenue Code of 1954, as amended, and the regulations thereunder (see Appendix G).
Tax-Deferred Annuity. Employees may elect to contribute to an individual tax-deferred annuity. The Employee’s optional contribution may be currently invested with TIAA or Fidelity. The Employer has discretion as to the organizations selected to provide this service.
Tax-Deferred Annuity. The Board agrees to make deductions for employees to tax sheltered annuities for all established plans. However, deductions will be made for a new teacher coming into the system with an established plan. The Board assumes responsibility for the amount deducted and deposited with the various companies. All other conditions of responsibility will be between their company and the employee. All tax deferred annuity and all other deductions, with the exception of HEA, MEA/NEA dues, will be equalized among all paychecks.
Tax-Deferred Annuity. The District agrees to contribute an amount equal to a bargaining unit member’s contribution to a payroll-deducted tax sheltered deferred retirement plan, not to exceed three hundred dollars ($300) per year.
Tax-Deferred Annuity. The Plainfield School District will match a tax deferred annuity contribution by members who are employed at 0.5 FTE or more in the District in a permanent capacity up to three percent (3.0 %) of their annual base salaries. The District’s contribution will be to the members’ current 403(b) investment vehicle (see Article VII: B,5 for specifics). Payments will be made in 22 or 26 installments at each pay period. Enrollment in the program must be completed prior to August 15 in order for members to receive the full year’s benefit. Matching contributions for members who enroll after this date will be on a pro-rata basis.
Tax-Deferred Annuity. The Board shall, during each year of this Contract (July 1 through June 30), pay directly into a tax-deferred annuity (of the Superintendent's choosing), on the Superintendent's behalf and for the Superintendent's benefit, a sum equal to four percent (4%) of the Superintendent's base salary for the year.
