Employee Designated Final Pay Contribution. Each Employee eligible to participate in the Plan shall be given the opportunity at enrollment to irrevocably elect to contribute % (insert fixed percentage of Final Pay to be contributed) or up to % (insert maximum percentage of Final Pay to be contributed) of Final Pay to the Plan (subject to the limitations of Article V of the Plan). Once elected, an Employee’s election shall remain in force and may not be revised or revoked.
Appears in 2 contracts
Samples: Governmental Money Purchase Plan Adoption Agreement, Money Purchase Plan Adoption Agreement
Employee Designated Final Pay Contribution. Each Employee eligible to participate in the Plan shall be given the opportunity at enrollment to irrevocably elect to contribute % (insert fixed percentage of Final Pay to be contributed) or up to % (insert maximum percentage of Final Pay to be contributed) of Final Pay to the Plan (subject to the limitations of Article V of the Plan). Once elected, an Employee’s 's election shall remain in force and may not be revised or revoked.
Appears in 2 contracts
Samples: Governmental Money Purchase Plan Adoption Agreement, Governmental Money Purchase Plan Adoption Agreement
Employee Designated Final Pay Contribution. Each Employee eligible to participate in the Plan shall be given the opportunity at enrollment to irrevocably elect to contribute % (insert fixed percentage of Final Pay final pay to be contributed) or up to % (insert maximum percentage of Final Pay final pay to be contributed) of Final Pay to the Plan (subject to the limitations of Article V of the Plan). Once elected, an Employee’s election shall remain in force and may not be revised or revoked.
Appears in 1 contract
Samples: Governmental Profit Sharing Plan & Trust Adoption Agreement
Employee Designated Final Pay Contribution. Each Employee eligible to participate in the Plan shall be given the opportunity at enrollment to irrevocably elect to contribute % 1%, 3%, 5%, 7%, 9%, 10%, 15%, 20%, 25%, 50%, 75%, 100%% (insert fixed percentage of Final Pay to be contributed) or up to % (insert maximum percentage of Final Pay to be contributed) of Final Pay to the Plan (subject to the limitations of Article V of the Plan). Once elected, an Employee’s 's election shall remain in force and may not be revised or revoked.
Appears in 1 contract
Samples: Governmental Money Purchase Plan Adoption Agreement
Employee Designated Final Pay Contribution. Each Employee eligible to participate in the Plan shall be given the opportunity at enrollment to irrevocably elect to contribute % (insert fixed percentage of Final Pay final pay to be contributed) or up to _% (insert maximum percentage of Final Pay final pay to be contributed) of Final Pay to the Plan (subject to the limitations of Article V of the Plan). Once elected, an Employee’s election shall remain in force and may not be revised or revoked.
Appears in 1 contract
Samples: Governmental Money Purchase Plan & Trust Adoption Agreement
Employee Designated Final Pay Contribution. Each Employee eligible to participate in the Plan shall be given the opportunity at enrollment to irrevocably elect to contribute % (insert fixed percentage of Final Pay final pay to be contributed) or up to % 100_% (insert maximum percentage of Final Pay final pay to be contributed) of Final Pay to the Plan (subject to the limitations of Article V of the Plan). Once elected, an Employee’s election shall remain in force and may not be revised or revoked.
Appears in 1 contract
Samples: Governmental Money Purchase Plan & Trust Adoption Agreement
