Common use of Annual Selection Period Clause in Contracts

Annual Selection Period. Employees shall be eligible to change options once annually during the enrollment period. Employees will not be allowed to change options during the course of a fiscal year. Employees hired to work after the start of their respective calendar or who fail to select the year-round paycheck option shall have the summer savings option available at any time throughout the fiscal year. It is the intent of the parties to make applicable salary adjustments for employees within a time period not to exceed sixty (60) days from the date of Board approval.

Annual Selection Period. Employees shall be eligible to change options once annually during prior to the enrollment periodbeginning of each fiscal year. Employees will not be allowed to change options during the course of a fiscal year. Employees hired to work after the start of their respective calendar annual option selection period or who fail to select the year-round paycheck option shall have the summer savings option available at any time throughout the fiscal year. It is the intent of the parties to make applicable salary adjustments for employees within a time period not to exceed sixty (60) days from the date of Board approval.