Common use of Automatic Enrollment Clause in Contracts

Automatic Enrollment. This feature allows Plan Sponsors to automatically enroll eligible Clergy at a rate of Before- Tax Contributions chosen by the Plan Sponsor. Plan Sponsors may elect from the following choices which group of Clergy will be subject to Automatic Enrollment: Option 1: All Clergy eligible for Plan participation, except those who are making After-Tax or ▇▇▇▇ Contributions, Option 2: All Clergy eligible for Plan participation who are not making Participant Contributions as of the effective date of Automatic Enrollment, including Clergy who become eligible for Plan participation on or after the effective date of Automatic Enrollment. Option 3: All Clergy who become eligible for Plan participation on or after the effective date of Automatic Enrollment.