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Board Enhances 403(b) Retirement Matching for Teachers

C. A. Beard Memorial School Corporation logoC. A. Beard Memorial School Corporation
Disclosed value
Board matches up to 2.5% of salary (3.5% in 2nd year)
From contract
Document date
Jul 1, 2023

The 30-second brief

What it covers

Board matches up to 2.5% of teacher salaries to a qualified 403(b) plan, increasing to 3.5% for 2024–2025.

Who holds it

Irs Code Section 403(b) Plan Provider holds this financial services contract with C. A. Beard Memorial School Corporation.

What happens next

Term as filed: July 1, 2023 – June 30, 2025; increase effective year two.

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Contract details

Contract type
Financial Services
Amount
Board matches up to 2.5% of salary (3.5% in 2nd year)
Document date
July 1, 2023
Term
July 1, 2023 – June 30, 2025; increase effective year two
Vendor
Irs Code Section 403(b) Plan Provider
Agency
C. A. Beard Memorial School Corporation
Source document
charles_a_beard_memorial_school_corporation_master.pdf (Contract)

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Questions about this contract

Who was awarded the financial services contract by C. A. Beard Memorial School Corporation?

Irs Code Section 403(b) Plan Provider was awarded this financial services contract by C. A. Beard Memorial School Corporation, as recorded on July 1, 2023. The contract value is Board matches up to 2.5% of salary (3.5% in 2nd year).

How much is the Irs Code Section 403(b) Plan Provider contract with C. A. Beard Memorial School Corporation worth?

The Irs Code Section 403(b) Plan Provider contract with C. A. Beard Memorial School Corporation is valued at Board matches up to 2.5% of salary (3.5% in 2nd year), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a contract record.

Where was this contract approved?

This contract appears in charles_a_beard_memorial_school_corporation_master.pdf (Contract), dated July 1, 2023 from C. A. Beard Memorial School Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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