Common use of ISTRF Compensation Clause in Contracts

ISTRF Compensation. It is intended that the Base Amount and the SRA ▇▇▇▇▇▇, as described above, shall be: (i) included in Assistant Director’s “annual compensation” as defined in Indiana Code 5-10.2-4-3; (ii) used to determine the “average of the annual compensation” as defined in Indiana Code 5-10.2-4-3; and (iii) otherwise reported to the Indiana State Teachers Retirement Fund (“ISTRF”) as compensation for purposes of calculating Assistant Director’s retirement benefit.

Appears in 1 contract

Sources: Administrative Contract Addendum

ISTRF Compensation. It is intended that the Base Amount and the SRA ▇▇▇▇▇▇, as described above, shall be: (i) included in Assistant Executive Director’s “annual compensation” as defined in Indiana Code 5-10.2-4-3; (ii) used to determine the “average of the annual compensation” as defined in Indiana Code 5-10.2-4-3; and (iii) otherwise reported to the Indiana State Teachers Retirement Fund (“ISTRF”) as compensation for purposes of calculating Assistant Executive Director’s retirement benefit.

Appears in 1 contract

Sources: Administrative Contract Addendum