Milton Town School District Faculty Master Agreement 2024-2026
Prudential Chosen for Teachers’ Automatic 403(b) Accounts
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Description
Milton Town School District uses Prudential Investments as the initial 403(b) plan provider for newly hired teachers, with automatic enrollment set at a 1% contribution of the teacher's contracted salary. Teachers have the option to change their investment choices or opt out per district procedure.
Contract Details
Vendor
PRUDENTIAL INVESTMENTS
Agency
Milton Incorporated School District, VT
Contract Type
FINANCIAL_SERVICES
Document Date
July 1, 2024
Contract Term
Beginning July 1, 2021, ongoing
Renewal Info
Ongoing vendor relationship; future transitions follow Vermont State Teachers’ Retirement System Board selections.
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