Common use of Deferred Savings Plan Clause in Contracts

Deferred Savings Plan. 10.6.1 The Institute will contribute an amount equal to two percent (2%) of the salaries of permanent employees who elect to participate and the employees will contribute 1½%. 10.6.2 Temporary employees who have completed one (1) year of continuous service have the option of participating in the plan as provided for in Clause 2.4.11. 10.6.3 The contributions are deposited in a trust fund for the benefit of the employees, and can be withdrawn according to the contract with the trust company covering the trust fund.

Deferred Savings Plan. 10.6.1 The Institute will contribute an amount equal to two percent (2%) of the salaries of permanent employees who elect to participate and the employees will contribute 1½%one and one half percent (1 1/2%). 10.6.2 Temporary employees who have completed one (1) year of continuous service have the option of participating in the plan as provided for in Clause 2.4.11. 10.6.3 The contributions are deposited in a trust fund for the benefit of the employees, and can be withdrawn according to the contract with the trust company covering the trust fund.

Deferred Savings Plan. 10.6.1 10.7.1 The Institute will contribute an amount equal to two percent (2%) of the salaries of permanent employees who elect to participate and the employees will contribute 1½%.1 1/2% 10.6.2 10.7.2 Temporary employees who have completed one (1) year of continuous service have the option of participating in the plan as provided for in Clause 2.4.11. 10.6.3 10.7.3 The contributions are deposited in a trust fund for the benefit of the employees, and can be withdrawn according to the contract with the trust company covering the trust fund.