Common Contracts

1 similar Voluntary Salary Reduction Agreement contracts

VOLUNTARY SALARY REDUCTION AGREEMENT FORM
Voluntary Salary Reduction Agreement • November 18th, 2022

By completing this salary reduction agreement form, I elect how much I wish to contribute to the Colorado College Tax-Deferred Annuity Plan (“Plan”). I understand I may enter into a new Agreement at any time by submitting it to the Human Resource Department. Please note that amounts voluntarily elected on this form do not impact amounts required under the mandatory portion of the retirement plan. This election is in addition to any contributions you may be required to make in the mandatory plan. Subject to regular payroll processing deadlines, the Agreement shall be effective as of my next paycheck. This Agreement shall remain in effect until I submit a new one. Please note: If you are a benefits-eligible employee under age 29, with a year of service and qualify for the CC retirement contribution with a 5% irrevocable voluntary contribution you must complete a different form. Please request that form from Human Resources.

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