Tax-Free Annuity. The Committee agrees to allow paraprofessionals to take advantage of the federal law concerning tax-free annuities and shall take immediate steps to implement a tax-free annuity program.
Tax-Free Annuity. The Committee agrees to allow members to take advantage of the federal law concerning tax-free annuities.
Tax-Free Annuity. Members of the bargaining unit are allowed to avail themselves of the tax-sheltered annuity program.
Tax-Free Annuity. 1. Employees shall be allowed to take advantage of the federal law concerning tax-free annuities.
Tax-Free Annuity. The Committee agrees to allow administrative support staff to take advantage of the federal law concerning tax-free annuities and shall take immediate steps to implement a tax-free annuity program.
Tax-Free Annuity. The Board agrees to continue to allow covered employees to take advantage of the Federal law concerning tax-free annuities. Deductions for and payments made to new companies require ten (10) or more participants. The maximum number of companies the Board makes payments to will not exceed twenty (20). Employees are responsible for ensuring that all annuity agreements are in full compliance with all legal requirements and with Board policy. The Board shall not be liable for any annuity product. The Board will not deduct life insurance premiums, except for premiums associated with excess coverage under the plan sponsored by the Board.
Tax-Free Annuity. 1. Paraprofessionals who normally work twenty (20) or more hours per week shall be allowed to take advantage of the federal law concerning tax-free annuities.
Tax-Free Annuity. Teachers shall be allowed to take advantage of the federal law concerning tax-free annuities. Teachers may have an amount of their weekly salary directly deposited to a bank or other financial institution as to take advantage of the federal law. The Committee will request the Treasurer of the City of Xxxx to deduct and submit said sums as specified.
Tax-Free Annuity. The Committee agrees to allow Educators to take advantage of the federal law concerning tax- free annuities and shall take immediate steps to implement a tax-free annuity program.
Tax-Free Annuity. The School Board agrees to allow employees to take advantage of the Federal Law concerning tax-free annuities.
