NOTICE OF PUBLIC HEARING ON JUNE 20, 2108
Southwest School Corporation
Administrative Office Board Room
1502 N. Section Street
Sullivan, IN 47882
Pursuant to Indiana Code 20-26-5-4.3, the Board of School Trustees of the Southwest School Corporation will meet on June 20, 2018 at 6:00 p.m. to discuss and hear objections to and support for a proposed changes in the Superintendent’s contract. A summary of the proposed changes in the Superintendent’s contract is as follows:
Superintendent shall be entitled to apply for and receive group health insurance currently offered by Employer and shall receive additional salary in an amount equal to the annual cost of [employee plus spouse coverage]. Health insurance options shall be those offered to full time employees and Superintendent may elect to pay premium on an after tax basis when offered and available under the health plan.
All payments to the Superintendent coming within the definition of “annual compensation” as defined in Ind. Code 5-10.2-4-3(d) as of the Effective Date of this Agreement shall be included in the Superintendent’s compensation reported to the ISTRF.
While a participant in the high deductible health plan option, Superintendent will be entitled to participate in the current Health Savings Account (“HSA”) plan and the Employer will make the maximum annual employer contribution allowed by the IRS into the HSA.
The current superintendent contract is available on the school website www.swest.k12.in.us. The Board anticipates taking final action on this contract addendum at a meeting to be held on July 18, 2018 at 6:00 PM at SWSC Administrative Office, 1502 N. Section St., Sullivan, IN 47882.