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Board amends 403(b) plan document to let employees defer more severance pay
3461786 · May 23, 2025
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Summary
The board approved an amendment to the district's 403(b) plan document to allow employees to place more severance payments into a tax-deferred shelter; Treasurer TJ Cusick said the change is administrative and costs the district nothing.
The Worthington City Board of Education on June 10 approved an amendment to the district's 403(b) plan document that allows employees to defer more of severance payments into tax-deferred accounts.
Treasurer TJ Cusick explained the change is…
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