754: Salary Deductions: Tax Sheltered Annuities/Deferred Compensation

Policy reflects Minnesota statute and aligns with other District 270 policies.

Any employee of the School District may allocate a portion of salary for the purchase of an individual or group voluntary tax sheltered retirement income annuity through payroll deduction, subject to established rules and regulations.


Adopted: June 12, 1980
Revised: October 15, 1987, February 19, 2009, February 21, 2013
Reviewed: March 21, 2017