Common Contracts
1 similar Salary Reduction Authorization Form contracts
KENTUCKY COMMUNITY AND TECHNICAL COLLEGE SYSTEM (KCTCS)Salary Reduction Authorization Form • September 8th, 2008 • Kentucky
This agreement is legally binding and irrevocable with respect to amounts earned while it is in effect, except that KCTCS may reduce the amount of salary reduction if it is determined that such amount exceeds the limitations of Internal Revenue Code Sections 403(b), 415, 457 and or 401(k). Either party may terminate this agreement at any time; employee must notify KCTCS to stop or change contributions. The change will take effect on the next payroll.
