Common use of CHANGING YOUR CONTRIBUTION Clause in Contracts

CHANGING YOUR CONTRIBUTION. 1. Unit employees may reduce the amount of their bi-weekly deferred compensation contribution at any time with a minimum of two (2) weeks advance written notice on the appropriate form to the Human Resources Department. 2. Unit employees may increase the amount of their bi-weekly deferred compensation contribution only during quarterly open enrollment, including conversion of floating holiday hours.

Appears in 3 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding