Policy 407.04

Tax Sheltered Annuities

The board authorizes the administration to make a payroll deduction for employees’ tax sheltered annuity premiums purchased from any company approved by the district that the employee chooses.

Employees wishing to have payroll deductions for tax sheltered annuities shall make a written request to the superintendent. The district may set limits on the number of amendments an employee may make to their tax sheltered annuity in any one year.

Cross Reference:
707 Payroll Procedures

Approved: July 13, 1992
Revised: July 11, 2005