3357:12-16-24-Tax-Sheltered Annuity Programs

1. POLICY

 

Full-time and part-time annual employees have the opportunity to make voluntary pre-tax contributions through payroll deduction into a 403b tax-deferred account. The College does not contribute into any supplemental retirement accounts.

 

1. POLICY GUIDELINES

 

Eligible employees may contact the Office of Human Resources for additional details.

 

1. POLICY HISTORY
   • For additional information, please refer to prior versions of the College Handbook
   • Policy revisions approved by President’s Cabinet April 2017
   • Policy reviewed by the Human Resource Advisory Council October 2020; no changes recommended

 

1. INITIATING DIVISION

 

Office of Human Resources

 

1. POLICY REVIEWERS

 

Office of Human Resources Human Resource Advisory Council

 

1. POLICY REFERENCES

1. Salary Reduction Agreement Form
2. Internal Revenue Service (IRS)
3. No connecting policies