407.06 Certificated Employee Tax Shelter Programs

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Friday, August 11, 2023

CERTIFICATED EMPLOYEE TAX SHELTER PROGRAMS 

The board authorizes the administration to make a payroll deduction for certificated employees' tax sheltered annuity premiums purchased from any company the employee chooses or through a Nebraska-licensed salesperson selected by the employee. 

Certificated employees wishing to have payroll deductions for tax sheltered annuities shall make a written request to the superintendent. 

The requirements stated in the Negotiated Contract between employees in that certified collective bargaining unit and the board regarding the tax sheltered annuities of such employees shall be followed. 

Cross Reference: 

707 Payroll