Common use of Plan Year Begins July Clause in Contracts

Plan Year Begins July. 1 The annual year for the District contributions shall be July 1 through June 30. Changes in district matching amounts, based on years of service, shall occur on July 1 of each year. Employees must establish participation in an eligible Deferred Income or TSA plan, as defined by Minnesota Statutes, before the District will begin matching contributions.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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Plan Year Begins July. 1 The annual year for the District Level I district contributions shall be July 1 through June 30. Changes in district matching amounts, based on years of service, shall occur on July 1 of each year. Employees must establish participation in an eligible Deferred Income or TSA plan, as defined by Minnesota Statutes, before the District will begin matching contributions.

Appears in 1 contract

Samples: Agreement

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