Morgan County Schools
Bylaws & Policies
 

6520 - PAYROLL DEDUCTIONS

To the extent permitted by law, the Board of Education authorizes deductions to be made from an employee’s paycheck upon proper authorization on the appropriate form for the following purposes:

 A.Federal and State income tax

 B.Social Security

 C.West Virginia Retirement System

 D.Section 125 deductions (cafeteria plans)

 E.savings in a chartered credit union

 F.contributions to charitable and not-for-profit corporations and community fund organizations

 G.payment of dues to labor or other organizations

 H.payment of group insurance premiums

 I.403(b)

The Board declares its willingness to enter into an agreement with any of its employees whereby the employee agrees to take a reduction in salary with respect to amounts earned after the effective date of such agreement in return for the Board’s agreement to use a corresponding amount to purchase an annuity for such employee (or group of employees desiring the same annuity company) from any company approved by the Board, authorized to transact the business as specified in law in accordance with Section 403(b) of the Internal Revenue Code, and in accordance with the County’s administrative guidelines. However, it shall be clearly understood that the Board’s only function shall be the deduction and remittance of employee funds.

Said agreement shall comply with all of the provisions of law and may be terminated as said law provides upon notice in writing by either party. Employees shall notify the Superintendent’s Office in writing if they wish to participate in such a program.

In cases when an employee is absent from duty and there is no sick leave applicable, or when the absence is unauthorized, the salary deduction for each day of absence will be based on the employee’s current salary divided by the number of work days required in the official school calendar for each job classification.

WV Code 18-5-1, et seq.
Section 403(b), Internal Revenue Code