Tax Deferred Annuity Programs. The Payroll Department will payroll deduct qualified tax deferred annuity programs for faculty who elect to participate in a plan. New vendors shall only be designated when the number of participants is equal to at least one per cent of full-time employees or at least five employees, whichever is greater.
Tax Deferred Annuity Programs. All of the above voluntary deductions shall be made upon written authorization of the teacher, which shall be kept on file in the District's Business Office.