Annuities
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Annuities POLICY NO: 412

It shall be the policy of the board of education that premium for payment of annuities may be deducted from the salaries of personnel provided that written application for such deductions shall be on file with the personnel clerk.

A company not listed with the school district must have five employees signed for annuities before acceptance for payroll deduction.

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ADOPTED: June 18, 1996

LEGAL REFERENCE:

Idaho Code Section 33-506