CONTRACTContract • October 12th, 2022
Contract Type FiledOctober 12th, 2022Page Article I Recognition………………………………………………………………………………………………………… 3 Article II Definitions…………………………………………………………………………………………………………. 3 Article III Salary and Wage………………………………………………………………………………………………… 3 A. Salary Schedule……………………………………………………………………………………………… 3 B. NWCSD Compensation Model……………………………………………………………………….. 3 C. Extra-Curricular Pay Schedule………………………………………………………………………… 3 D. Mileage…………..…………………………………………………………………………………………….. 3 E. Retirement Severance Benefit..……………………………………………………………………... 3 F. 403(b) annuity plan………………………………………………………………………………………… 4 G. Buy-out agreement Prior Agreement’s Retirement Benefits..……………………….. 4 H. Retirement Savings 401(a) Annuity Plan…………………………..…………………………… 6 I. VEBA………………………………………………………………………………………………………….…… 7 J. Severance Pay..………………………………………………………………………………………..……. 7 K. Indiana State Teachers Retirement Fund………………………………………………………. 8 L. I.R.S. Section 125…..………………………………………………………………………………………. 8 M. Classroom Coverage…..…………………