Milton Town School District Faculty Master Agreement July 2026 - June 2028
District Selects Prudential Investments for Teacher 403(b) Plan
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Description
Milton Town School District automatically enrolls new teachers in a 403(b) retirement account with Prudential Investments as the designated service provider. Teachers contribute 1% of salary to a default age-appropriate portfolio unless they opt out. Plan aligns with Vermont State Teachers’ Retirement System requirements.
Contract Details
Vendor
PRUDENTIAL INVESTMENTS
Agency
Milton Incorporated School District, VT
Contract Type
FINANCIAL_SERVICES
Document Date
March 26, 2026
Contract Term
Beginning July 1, 2021; ongoing for newly hired teachers
Renewal Info
Ongoing; plan and provider subject to revision by state system or board designation.
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