Common use of Payroll Options Clause in Contracts

Payroll Options. The following additional payroll options shall be available: a) Tax-sheltered Annuities b) Automatic Saving Deductions - c) All components of I-125 Series according to Federal Guidelines Authorization of such options shall be on forms approved by the Board and must be made on a fixed and regular basis and once discontinued shall not be reactivated during that fiscal year (July 1 to June 30).

Payroll Options. The following additional payroll options shall be available: a) Tax-sheltered Annuities b) Automatic Saving Deductions -Deductions c) All components of I-125 Series according to Federal Guidelines Authorization of such options shall be on forms approved by the Board and must be made on a fixed and regular basis and once discontinued shall not be reactivated during that fiscal year (July 1 to June 30).