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.
Appears in 3 contracts
Samples: Professional Agreement, Professional Agreement, Professional Agreement
Teacher Retirement Fund. The Board will make payments directly to the Teacher Retirement Fund by reducing the teacher’s gross contract amount by 3%. The district shall pay the three percent (3%) employee share of each bargaining unit member’s salary as the required portion of TRF. Should the State allow or require member contributions greater than 3%, the Board would make the larger payment in the same manner.
Appears in 1 contract
Samples: Professional Agreement
