Automatic Enrollment in Plan Clause Samples
Automatic Enrollment in Plan. A Participating Employer will make a default enrollment election for an Employee or Official who fails to return the enrollment forms. Such default election shall equal the Participating Employer’s contribution percentage elected in Section 3.1(a) of its Participation Agreement. If the Participating Employer has elected a minimum and maximum contribution percentage, the Participant’s default election will reflect the Participating Employer’s minimum contribution percentage. If an Employee or Official does not want the Participating Employer’s default election to apply, he or she must make an affirmative election and complete the necessary enrollment forms in accordance with Section 2.2(a).
