Common Contracts
1 similar Salary Redirection Agreement contracts
SALARY REDIRECTON AGREEMENTSalary Redirection Agreement • December 4th, 2019
On a separate benefit enrollment form(s), I have enrolled for certain benefit(s) or insurance coverage(s) and understand that my required contribution election amounts will be deducted from by paycheck by my employer or Third Part Payroll Administrator. Unless this agreement is amended or terminated, these deductions will be continuous and in an amount equal to my required contribution for my elected coverage amount as prorated for each payroll period throughout the plan year. The amount of my required contribution has been provided to me. In the event of a rate change, I authorize a corresponding change in the amount deducted from my salary without signing a new Salary Redirection Agreement. In addition pre-tax contributions reduce my compensation for Social Security tax purposes; therefore, my Social Security benefits could be decreased. I elect to receive the following coverage(s) under the Flexible Benefits Plan as elected in the pre-tax column. Any previous election and Salary Red
