Common use of Taxes and Deductions Clause in Contracts

Taxes and Deductions. All employer and employee amounts paid to the State of Minnesota Deferred Compensation Plan (457), are subject to FICA, or social security taxes. All employee contributions to the 403(b) plan are subject to FICA, but employer contributions to the 403(b) plan are not subject to FICA. All payments made to any sponsored plan will have appropriate state and federal payroll deductions.

Appears in 6 contracts

Samples: Adult Education Teacher Contract, Adult Education Teacher Contract, Adult Education Teacher Contract

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Taxes and Deductions. All employer and employee amounts paid to the State of Minnesota Deferred Compensation Plan (457), ) are subject to FICA, FICA or social security Social Security taxes. All employee contributions to the 403(b) plan are subject to FICA, but employer contributions to the 403(b) plan are not subject to FICA. All payments made to any sponsored plan will have appropriate state and federal payroll deductions.

Appears in 3 contracts

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

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