412 - Annuities

STAFF PERSONNEL

 

Series 400

 

Policy Title: Annuities Code No.: 412

 

It shall be the policy of the school district to honor the written request of school district employees, when properly executed by the employee and filed with the employee benefits coordinator, to purchase an individual annuity contract through payroll deductions for the employee in accordance with federal and state laws, rules, and regulations.

 

Employees desiring to participate in the tax sheltered annuity program through payroll deductions shall contact the employee benefits coordinator. When all forms have been completed satisfactorily, they are to be returned to the employee benefits coordinator.

 

Responsibility for supplying the employee benefits coordinator with appropriate information in a timely manner rests entirely with the employee.

 

Date of Adoption/Revision:

August 23, 1982

August 1992

August 1995

June 1998

June 1999

June 2001

July 2003

June 2004

July 2006

July 2007

Suspended October 2008

August 2013

October 2016

January 2021