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Independent School District No. 1, New Peace County Idaho 3317 12th Street Lewiston, ID 83501Salary Reduction Agreement for 403(b) ProgramsPart 1. Employee Information: Name: SS#: EMP. # Address:

How to fill out salary reduction agreement form

How to fill out salary reduction agreement form

1. Obtain a copy of the salary reduction agreement form from the Human Resources department or your employer.
2. Read the form carefully to understand the terms and conditions of the agreement.
3. Fill in your personal information, including your name, employee ID, and contact details.
4. Specify the effective date of the salary reduction and the duration of the agreement.
5. Indicate the reason for the salary reduction, such as a temporary financial hardship or a voluntary contribution.
6. Consult with your employer or legal advisor if you have any questions or concerns before signing the agreement.
7. Sign and date the form to acknowledge your understanding and acceptance of the salary reduction terms.
8. Keep a copy of the signed agreement for your records.

Who needs salary reduction agreement form?

1. Employees who are experiencing a temporary financial hardship and wish to reduce their salary for a specific period of time.
2. Employers who offer voluntary salary reduction programs to their employees for various reasons, such as cost-cutting measures or supporting charitable causes.

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