▇▇▇▇▇▇▇ Program. Upon authorization of an employee in writing, the Board must deduct money from his/her/their pay and remit this money each pay period to a tax‐sheltered annuity program the employee elects. The employee agrees to save and hold harmless the Board from any and all liabilities of the annuity program incurred as a result of this paragraph. It is agreed that any member of the staff who wishes to participate in such a plan shall choose a plan from an approved list submitted to the Board by the Union. The list submitted by the Union shall be limited to five (5) plans which may be expanded to a maximum of eight (8) plans provided a minimum of five (5) employees wish to participate in a plan which is not on the approved list.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement