Common use of Defined Contribution Clause in Contracts

Defined Contribution. MainePERS agrees to transmit to the investments manager(s) of the Defined Contribution plan(s) deductions of the employees who participate in the Defined Contribution plan(s) by payroll deduction as soon as practicable, but not later than ten (10) workdays after such deductions are made.

Appears in 6 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement