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 Section 7 of this article, in return for the higher salary provided in Section 8 of this article. Once enrolled in this program, 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 8 of this article7. 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- one-time, permanent election to opt-out of compensation credits provided in Section 7 of this articleArticle, in return for the higher salary provided in Section 8 of this articleArticle. Once enrolled in this program, 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 Section 7 of this article, in return for the higher salary provided in Section 8 of this article. Once enrolled in this program, 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 opt‐out of compensation credits provided in Article 7, Section 7 of this article, in return for the higher salary provided for in Section 8 of this article7. 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 8 of this article7. 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.