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The school participates in retirement plan which provides benefits to eligible employees. The school matches employee contributions up to 5% of his or her salary to the plan. If you have any question as to the plan for which you are eligible, contact the Business Manager. For details on any specific plan, employees should review the applicable plan documents. Eligible employees may select a retirement plan from the approved carrier who offers investment options. Investment options include retirement annuities and a wide variety of other investment opportunities. An employee's retirement benefit package is based on the total contributions by the employee and PPAS, and by the investment earnings on those contributions. Employees should consult their tax advisor before withdrawing any funds as there may be penalties for withdrawals before the age of 55. More information is available from the Business Manager.
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