FILE: DJCB
SALARY DEDUCTIONS
The Monroe City School Board maintains that salary deductions which are considered statutory, including federal income tax, state income tax, retirement, etc., shall be deducted in accordance with applicable laws and regulations.
Any voluntary deductions desired by employees may be authorized by the Board, when such action is determined to be in the best interest of the school system. Said request shall be submitted in writing by the employee. The employee shall also sign a form authorizing said salary deduction and verifying knowledge of all regulations governing salary deductions. The Board does not assume any liability for compliance with governing requirements and regulations.
The following voluntary deductions are approved by the Board:
Membership dues in recognized professional associations. Dues shall be deducted only upon receipt of an authorization signed by the individual employee.
Deductions for employee contributions to the school system's hospitalization and life insurance program and any other insurance or tax-sheltered annuity programs which are or may be approved by the Board.
U.S. Savings Bonds.
United Way Deduction Plan.
For deferred payment plan for school-year employees.
The Board shall only be responsible for making approved salary deductions as requested in writing by any employee of the Board. Under no circumstances shall special arrangements be made as to the commencement or transaction of salary deductions.
DEDUCTIONS FOR AUTHORIZED INSURANCE/INVESTMENT PROGRAMS
As a courtesy to its employees, the Monroe City School Board shall make insurance or investment instruments available through payroll deduction. Employees of the Monroe City School Board, including full-time, part-time, and substitute employees, shall be permitted to invest in authorized insurance or investment programs. The programs shall be totally funded by employee contribution, which shall be deducted monthly from the employee’s paycheck. Employees may start or discontinue participation at any time.
To be considered an approved voluntary payroll deduction program vendor for the School Board, the vendor must:
Make a presentation to the Board’s Insurance Committee and be accepted by the committee.
Have a minimum twenty-five (25) employees sign up for payroll deduction. A vendor would have two (2) years from the date of approval by the Insurance Committee to get the required twenty-five (25) employees on payroll deduction. It is the responsibility of the company, once approved, to present a listing of the twenty-five (25) employees before the deductions shall begin.
The Superintendent or his/her designee shall establish and maintain regulations for the management, marketing and accounting for all payroll deductions for all voluntary programs. Adequate documentation to assure compliance with appropriate Internal Revenue Service regulations shall be provided to and maintained by school system representatives.
Ref: La. Rev. Stat. Ann. §§17:438, 17:1184, 17:1202, 17:1315
Monroe City School Board