Common use of Automatic Payroll Deduction Clause in Contracts

Automatic Payroll Deduction. Prior to January 1 of each year, the employee may designate an amount to add to his or her HSA account through monthly automatic payroll deductions. The amount would be the same for each of the 12 months. Once the annual deduction amount has been selected, the amount cannot be changed or discontinued until the following January.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement