Policy 4610

Compensation

Employee Benefits

Reviewed and affirmed by the Board: 
Last Revision: 
Original publish date: 04/14/2009
Related policies & regulations:  
Legal references:  

 

Lincoln Public Schools strives to make a comprehensive benefits package available to eligible employees. Eligibility is reflected by each carrier’s underwriting guidelines or plan document. The costs of the various options are borne either by the District, the employee or jointly as determined by the applicable agreement.

 

The District will comply with all applicable laws concerning the benefits programs offered.

 

The Human Resources Benefits Department serves as the official District representative with the insurance carriers and other benefit programs.

 

It is the policy of this District that participants who terminate employment with the District prior to attaining age 59½ with account balance(s) in the District’s Elective (and Non-Elective) 403(b) Plan(s) that:

1. The District will not authorize a distribution if there is a prearrangement for reemployment at the time of termination of employment or requested distribution.
2. The District will not seek to reemploy a former employee within the periods specified by Human Resources, as applicable to the former employee.