DLB-R Tax Sheltered Annuities Administrative Procedure  
NEPN/NSBA Code: DLB-R 

TAX SHELTERED ANNUITIES ADMINISTRATIVE PROCEDURE 

The following procedure provides the employees of M.S.A.D. #4 the opportunity to participate in tax sheltered annuities. 

A. Employees may request from the district an opportunity to participate in the purchasing of tax sheltered annuities (403B Plans) through payroll deduction. 

B. Application for such request for payroll deduction will be made on forms prepared by the district or from the vendor. 

C. Payroll deduction changes made under this policy must be in accordance with the guidelines set forth under the 403B law and the district’s tax sheltered annuity plan. 


Adopted: May 8, 1990
Revised: May 13, 2003; November 9, 2009

M.S.A.D. #4