Common use of RETIREMENT SAVINGS PROGRAM Clause in Contracts

RETIREMENT SAVINGS PROGRAM. The Employer shall provide a 401(k) Retirement Employee Savings Plan for the term of this Agreement. Employees may elect to participate in the Employer’s 401(k) Retirement Savings Plan upon hire or during open enrollment, or for any other qualifying event. The Employer does not currently make any contributions to this program but agrees that it will do so on the same terms and conditions as other Cascadia Healthcare facilities if the Employer begins a contribution program.

RETIREMENT SAVINGS PROGRAM. The Employer shall provide a 401(k) Retirement Employee Savings Plan for the term of this Agreement. Employees may elect to participate in the Employer’s 401(k) Retirement Savings Plan upon hire or during open enrollment, or for any other qualifying event. The Employer does not currently make any contributions to this program but agrees that it will do so on the same terms and conditions as other Cascadia Healthcare facilities if the Employer employer begins a contribution program.