Common use of Current Plan Clause in Contracts

Current Plan. Subject to the approvals specified in 15.2, all current provisions of the Plan applicable to employees covered by this Agreement are to remain unchanged with the exception of the amendment included in Section 15.6(a). (a) Effective as soon as administratively feasible but no later than September 1, 2020, employees may contribute up to 50% of base pay on a pre-tax basis, an after tax basis (including ▇▇▇▇ contributions), or a combination of both, in 1% (one percent) increments.

Current Plan. Subject to the approvals specified in 15.2, all current provisions of the Plan applicable to employees covered by this Agreement are to remain unchanged with the exception of the amendment included in Section 15.6(a). (a) Effective as soon as administratively feasible but no not later than September 1, 2020, employees may contribute up to 50% of base pay on a pre-tax basis, an after tax basis (including ▇▇▇▇ contributions), or a combination of both, in 1% (one percent) increments.