On September 11, 2018 at 7:00 p.m. in the Whitko Community School Corporation’s Central Office, located at 710 North State Road 5, Larwill, Indiana, the Board of School Trustees will meet to discuss and hear from the public objections to and support for a proposed contract with a superintendent, which will be effective from October 1, 2018 to June 30, 2021.
Proposed Contract Details
Oct. 1, 2018 – Sept. 30, 2019
Annual Base Salary $113,000
Annual 403(b) Plan Contribution $ 2,260
Annual Teacher Retirement Fund Contribution @ $ 3,390
Annual Group Health, Dental, and Vision
Insurance Premium Contribution $ 16,300
Annual Long Term Disability Premium Contribution* $ 500
2018 Health Savings Account Contribution $ 863
Annual Term Life Premium Contribution
($100,000 Death Benefit)* $ 250
Annual Automobile/Gasoline Allowance $ 4,800
Total of Proposed Contract Details $141,363
* Indicates that Whitko Community Schools’ contribution may be adjusted if the insurance carrier increases the premiums for same level of coverage.
@ Indicates that Whitko Community Schools’ contribution on behalf of the superintendent is the same percentage of salary that is contributed on behalf of teachers.
Agreement Length: The proposed contract shall be for an initial term of 33 months, which can automatically renew for a of 5 additional one year terms. The proposed contract can be canceled by the Board of School Trustees for the reasons set out in Indiana statute. The superintendent and Whitko Community Schools can, by mutual agreement, cancel the proposed contract at any time.
Work days: The superintendent receives 20 vacation days of which the superintendent may carry over 5 unused days to the following year. Annually, Whitko Community Schools shall purchase no more than 5 unused vacation days from the superintendent.
Increases: If the superintendent earns an annual rating of effective or higher, the superintendent shall receive a salary increase equal to the average salary increase received by teachers earning an equivalent rating.
