Common use of Teacher Retirement Fund Clause in Contracts

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. 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)Fund. 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 Beginning with the November 5, 2023 payroll1998-99 school year, the school corporation will pay the teacher’s required 3% contribution to TRFthe Indiana Teacher’s Retirement Fund.