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Board approves 1% district annuity match for employees; American Fidelity selected as provider
Summary
Boone County Schools approved a district-funded 1% match to employee base pay for an annuity plan, aiming to improve long-term retirement savings and staff recruitment; American Fidelity will administer the program, officials said.
The Boone County Board of Education approved a district annuity match program that will provide a 1% employer match on employees’ base salary beginning July 1. The board also selected American Fidelity as the match provider, administrators said.
Superintendent Dr. Hauswold described the move as part of a broader effort to close wage gaps and strengthen benefits to…
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