Common use of The School District’s 403(b) Tax Deferred Program Clause in Contracts

The School District’s 403(b) Tax Deferred Program. The School District’s 403(b) Tax Deferred Program. Teachers shall have the opportunity to participate with any approved vendor in the School District’s 403(b) Tax Deferred Program. Vendors become approved vendors by complying with the School District’s 403(b) Plan requirements and being mutually approved by the LEA and the School District. These programs, though provided to teachers, are not endorsed by either the Association or the Board. Teachers who make employee elective contributions to any district approved tax deferred company are eligible to participate in the Tax Deferred Annuity Match Savings Plan. The Board contribution will be made to a district approved vendor. The Board of Education will contribute an amount equal to two percent (2%) match to the teacher’s account in the 403(b) plan for the 2012-2013 school year and thereafter. Teachers who choose not to participate in this program will not be able to claim the Board’s contribution to this plan in some other form of compensation or benefits. Teachers whose employment first commences after the 2000-2001 school year will have a one (1) year period before they are vested in the Matching Annuity Plan for any of the Board’s contribution.

The School District’s 403(b) Tax Deferred Program. The School District’s 403(b) Tax Deferred Program. Teachers shall have the opportunity to participate with any approved vendor in the School District’s 403(b) Tax Deferred Program. Vendors become approved vendors by complying with the School District’s 403(b) Plan requirements and being mutually approved by the LEA and the School District. These programs, though provided to teachers, are not endorsed by either the Association or the Board. Teachers who make employee elective contributions to any district approved tax deferred company are eligible to participate in the Tax Deferred Annuity Match Savings Plan. The Board contribution will be made to a district approved vendor. The Board of Education will contribute an amount equal to two percent (2%) match to the teacher’s account in the 403(b) plan for the 2012-2013 school year and thereafter. Teachers who choose not to participate in this program will not be able to claim the Board’s contribution to this plan in some other form of compensation or benefits. Teachers whose employment first commences after the 2000-2001 school year will have a one (1) year period before they are vested in the Matching Annuity Plan for any of the Board’s contribution.one

The School District’s 403(b) Tax Deferred Program. The School District’s 's 403(b) Tax Deferred Program. Teachers shall have the opportunity to participate with any approved vendor in the School District’s 's 403(b) Tax Deferred Program. Vendors become approved vendors by complying with the School District’s 's 403(b) Plan requirements and being mutually approved by the LEA and the School District. These programs, though provided to teachers, are not endorsed by either the Association or the Board. Teachers who make employee elective contributions to any district approved tax deferred company are eligible to participate in the Tax Deferred Annuity Match Savings Plan. The Board contribution will be made to a district approved vendor. The Board of Education will contribute an amount equal to two percent (2%) match to the teacher’s 's account in the 403(b) plan for the 2012-2013 school year and thereafter. Teachers who choose not to participate in this program will not be able to claim the Board’s 's contribution to this plan in some other form of compensation or benefits. Teachers whose employment first commences after the 2000-2001 school year will have a one (1) year period before they are vested in the Matching Annuity Plan for any of the Board’s 's contribution.