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HIGHLIGHTS OF THE TAX-SHELTERED ANNUITY PLAN
FOR EMPLOYEES OF
COMMUNITIES IN SCHOOLS OF ATLANTA, INC.
The Board of Directors of Communities In Schools of Atlanta, Inc. (CISA) is pleased to
be able to offer the staff this plan, which is designed so that you and the organization share in
building your retirement income.
The contributions to the CISA plan can be made by both you and CISA. CISA will make
contributions to the plan after you have completed one year of service. You can start your own
contributions upon beginning employment.
There are three types of contributions that can be made to the plan:
Employer Basic Contributions – Everyone who is eligible to participate in the plan will receive a
basic contribution, probably 1% of your annual salary, regardless of whether you contribute any
of your earnings to the plan. Employees with more years of service will receive a slightly larger
contribution.
Employer Matching Contribution – Eligible employees will receive a matching contribution of
25% of your contributions up to 6% of your salary.
Employee Deferral Contributions – You may elect to contribute up to $18,000 (for employees
under 50 years of age) in 2017, or up to $24,000 (for employees 50 years old or older) of your
salary in 2017 on a pre-tax basis to the plan.
The Employer Basic Contribution and the Matching Contribution can vary from year to year
depending on the organization’s budget.
FOR INFORMATION REGARDING ENROLLMENT, CONTACT THE CISA HUMAN
RESOURCES DEPARTMENT AT 404-897-2397.
10/1/87 (Rev 11/10, 10/17)
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