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Notwithstanding any provisionof law relating to salaries and/or salary schedules for the pay of facultymembers, administrative officers, or any other employees of universities,colleges, constituent institutions, and other institutions of higher learningas named and set forth in this Article, and other State agencies qualified aseducational institutions under section 501c3 of the United States InternalRevenue Code, the governing boards of any such universities, colleges,constituent institutions, and other institutions of higher learning mayauthorize the business officer or agent of same to enter into annual contractswith any of the faculty members, administrative officers and employees of saidinstitutions which provide for a reduction in salary below the totalestablished compensation or salary schedule for a term of one year. Thefinancial officer or agent shall use the funds derived from the reduction inthe salary of the faculty member, administrative officer or employee topurchase a nonforfeitable annuity or retirement income contract for the benefitof said faculty member, administrative officer or employee of saiduniversities, colleges and institutions. A faculty member, administrativeofficer or employee who has agreed to a salary reduction for this purpose shallnot have the right to receive the amount of the salary reduction in cash or inany other way except the annuity or retirement income contract. Funds used forthe purchase of an annuity or retirement income contract shall not be in lieuof any amount earned by the faculty member, administrative officer or employeebefore his election for a salary reduction has become effective. The agreementfor salary reductions referred to herein shall be effected under any necessaryregulations and procedures adopted by the various governing boards of thevarious institutions and on forms prepared by said governing boards. Notwithstanding any other provision of this section or law, the amount by whichthe salary of any faculty member, administrative officer or employee is reducedpursuant to this section shall not be excluded, but shall be included, incomputing and making payroll deductions for social security and retirementsystem purposes, and in computing and providing matching funds for retirementsystem purposes. In lieu of the annuity andrelated contracts provided for under this section, interests in custodialaccounts pursuant to Section 401f, Section 403b7, and related sections ofthe Internal Revenue Code of 1986 as amended may be purchased for the benefitof qualified employees under this section with the funds derived from thereduction in the salaries of such employees. 1965, c. 365; 1971, c. 1244, s. 3; 1989, c.

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Featured Jobs. Red Oaks Medical Group. California. Dermatology Physician Outpatient Clinic. North Bend Medical . Posted: 1 days agoJob growth for surgeons and physicians, including dermatologists, has been projected to increase 7% between 2018 and 2028, according to the U. S. Bureau of Labor Statistics . What Are Some Related Alternative Careers?Dermatologists may further concentrate their specialty in pediatric or cosmetic dermatology. Posted: 2 months agoRelated Searches: Physician Assistant; Job Details. Dermatology Jobs.

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So why would investors pay premium for liens and not get any interest on the lien amount?Investors are willing to pay premium for tax liens in New Jersey because once you are a lien holder you have the right to pay the subsequent taxes on the property if the owner doesn t pay them. And you get the default interest rate 18% on your subsequent tax payments. You also do get a penalty of anywhere from 2 6% on the lien amount when the tax lien is redeemed, depending on the amount of the lien. I ve simplified the process a little, but that s basically how it works in NJ. Florida is similar to New Jersey in that the default rate and the redemption period are the same. But bidding in Florida is a little different than in NJ. In Florida you do not get to pay the subsequent taxes on your lien. If the owner doesn t pay the taxes, the property will wind up in next year s tax sale. The interest rate is bid down at the tax sale, and the lien expires in 7 years. Bidders will not bid the interest down to zero, but will frequently bid down to . 25%.

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This is the first published study showing that a third brake light reduces automobile accidents. Practical ApplicationThe National Highway Traffic Safety Administration NHTSA repeated Voevodskys experiment on a larger scale, and concluded that Center High Mounted Stop Lamps CHMSLs reduce accidents and injuries. As a result, the NHTSA now requires all new cars since 1986 and all new light trucks since 1994 to have a third brake light. To see just how well the CHMSLs worked, the NHTSA has charted police reported crash data from eight states, and has found that CHMSLs reduce rear impacts by 4. 3%. Although less dramatic than the original findings, this finding means that since the CHMSL became standard equipment, there have been about 200,000 fewer crashes, 60,000 fewer injuries, and over $600 million in property damage saved every year not to mention the lives saved. To put that in dollars and cents: for every dollar spent on manufacturing and installing the third brake light, $3. 18 is saved. Cited Llaneras, R. , Neurauter, L. , and Perez, M.

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and Danni Rosner and Me and Mister. Cassidy back to back, beginning at 8 p. m. on Thursday. After finding and organizing your potential candidates require subscribe to, or follow their write. This normally involves submitting your current email address and/or website with some simple private information.