For the list of 403(b) vendors/service providers, click on this link to bring you to
the District Employee Retirement Benefits page and then click on the link for the Salary Reduction Form
Working Agreement by and between
Anoka-Hennepin Independent School District No. 11 School Board
and
Anoka Hennepin Education Minnesota
Article XVIII
Retirement
Section 2. 403(b):
Subd. 1. All full-time teachers and part-time teachers who are eligible for insurance as setforth in Article XI, Section 1, Subd. 5, are eligible for this benefit.
Subd. 2. Effective September 1, 2007, the District shall establish a matching contribution, for each relevant school year, of up to $1000.00 per school year in a 403(b) program for all teachers with a seniority date prior to June 30, 2005, up to $1,500.00 per school year for all teachers with a seniority date prior to June 30, 2000, and up to $2,000.00 per school year for all teachers with a seniority date prior to June 30, 1989. Effective September 1, 2008, the years will be increased by one for each category.
Subd. 3. The maximum individual lifetime matching contribution by the District shall be $35,000.