Teachers’ Retirement. The Center Board will pay seven and three quarter’s percent (7.75%) of the licensed staff’s portion of the North Dakota Teacher's Retirement. The licensed staff will pay (4%) of the licensed staff’s members share.
Teachers’ Retirement. The Corporation will pay the 3% towards teachers’ retirement.
Teachers’ Retirement. The District will deduct from each paycheck the appropriate amount for the Teachers’ Retirement System for those members of the bargaining unit who qualify and elect to join the Teachers’ Retirement System.
Teachers’ Retirement. The amount of employee assessment for Teachers’ Fund For Retirement shall be paid by South Valley. It shall be treated as provided in Model 2 of Teachers’ Retirement Plan.
Teachers’ Retirement. The District shall pay in addition to the salary schedule amount 9% to the Illinois Teacher Retirement System on behalf of the individual teacher. The amount of the Board’s retirement payment shall be sheltered from applicable state and federal income taxes. Salary figures are understood to be listed in such a manner that the amount is clearly indicated therein and that mandatory teachers’ retirement contributions shall be handled in the payroll process. The Board will pick up and pay ½ of 1% for all eligible teachers the health insurance contribution on the member’s behalf. The District assumes no liability for contributions to the IRS in the event that such tax sheltering is determined to be no longer permissible.
Teachers’ Retirement. The District shall pay to the Teachers’ Fund for Retirement eleven and seventy-five hundredths percent (11.75%) of a teacher’s salary as payment of the teacher’s contribution to the Fund.
Teachers’ Retirement. The District will pay the teacher’s full share of retirement.
Teachers’ Retirement a) Cavalier School District will pay the employer’s share of North Dakota Teachers’ Fund for Retirement (TFFR), and will pay the employee’s share of TFFR at a rate capped at 11.75% for the 2017-2018 school year.
Teachers’ Retirement. The Board will pay the total amount of the employee's and employer's contribution to the Wisconsin Retirement System.
Teachers’ Retirement. The Board will pay 100% of each teacher’s required contribution to the Illinois Teachers Retirement System to include the .5% paid to the Retired Teachers Insurance Benefit. (THIS) This amount shall be tax sheltered, as long as it is allowable by the IRS. If the IRS member retirement exceeds 9.4% then Article VIII. G will be mandatory subject to bargain.
