Common use of Multiple Option Retirement Program Clause in Contracts

Multiple Option Retirement Program. a. The University shall provide all employees who are regularly scheduled to work thirty (30) or more hours per week and who have completed three (3) or more years of service the option of participating in the Multiple Option Retirement Program. Employees may enroll in the program after completion of thirty-six (36) months of active service. If employees fail to enroll when first eligible, they may enroll at any time thereafter, but participation cannot be made retroactive.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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