Teacher Retirement Fund. All beginning teachers and teachers teaching for the first time in Indiana are required by law to become members of the Indiana State Teachers' Retirement Fund (TRF). The teacher’s required 3% contribution to TRF through and including the October 20, 2023 payroll shall be paid by the teacher processed as a payroll deduction; thereafter, commencing with the November 5, 2023 payroll, the school corporation will pay the teacher’s required 3% contribution to TRF.
Teacher Retirement Fund. The Board will make payments directly to the Teacher Retirement Fund by reducing the teacher’s gross contract amount by 3%. Should the State allow or require member contributions greater than 3%, the Board would make the larger payment in the same manner.
Teacher Retirement Fund. The Yukon Board of Education will pay the certified employee's compensation in the Oklahoma Teachers' Retirement System as prescribed by law.
Teacher Retirement Fund. The Board agrees to pay both the corporation’s share and the employee’s share of the Indiana State Teacher’s Retirement Fund contribution up to the state required contribution level (currently 10.5% of base salary).
Teacher Retirement Fund. The Board agrees to pay the certified employee’s share of the Indiana State Teacher Retirement Fund at the current state level of three (3) percent.
Teacher Retirement Fund. The Corporation will pay three percent (3%) of each teacher’s contract amount to the Teacher Retirement Fund (TRF) as noted at the bottom of the adopted salary schedule.
