Common use of Opting-Out of Compensation Credits Clause in Contracts

Opting-Out of Compensation Credits. Employees hired before July 1, 2008, may make a one- time permanent election to opt-out of compensation credits provided in Article 7, Section 7 in return for the higher salary provided for in Section 7. Once enrolled in this program, this is a permanent decision and an employee may not return to receiving compensation credits and pay at the lower salary schedule.

Opting-Out of Compensation Credits. Employees hired before July 1, 2008, may make a one- time time, permanent election to opt-out of compensation credits provided in Article 7, Section 7 of this article, in return for the higher salary provided for in Section 78 of this article. Once enrolled in this program, this is a permanent decision and an employee may not return to receiving compensation credits and pay at the lower salary schedule.

Opting-Out of Compensation Credits. Employees hired on or before July 1, 20082010, may make a one- time one-time, permanent election to opt-out of compensation credits provided in Article 7, Section 7 of this Article, in return for the higher salary provided for in Section 78 of this Article. Once enrolled in this program, this is a permanent decision and an employee may not return to receiving compensation credits and pay at the lower salary schedule.

Opting-Out of Compensation Credits. Employees hired before July 1, 2008, may make a one- time one-time, permanent election to opt-out of compensation credits provided in Article 7, Section 7 of this article, in return for the higher salary provided for in Section 78 of this article. Once enrolled in this program, this is a permanent decision and an employee may not return to receiving compensation credits and pay at the lower salary schedule.

Opting-Out of Compensation Credits. Employees hired before July 1, 2008, may make a one- one-time permanent election to opt-out of compensation credits provided in Article 7, Section 7 in return for the higher salary provided for in Section 7. Once enrolled in this program, this is a permanent decision and an employee may not return to receiving compensation credits and pay at the lower salary schedule.

Opting-Out of Compensation Credits. Employees hired before July 1, 2008, may make a one- one‐ time permanent election to opt-out opt‐out of compensation credits provided in Article 7, Section 7 in return for the higher salary provided for in Section 7. Once enrolled in this program, this is a permanent decision and an employee may not return to receiving compensation credits and pay at the lower salary schedule.