Policy 412.06

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 as required by the district. 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:
407.04 Tax Sheltered Annuities
707 Payroll Procedures

Approved: July 13, 1992
Revised: July 11, 2005
Revised: February 13, 2006
Revised: September 11, 2017