Common Contracts
1 similar null contracts
UNIVERSITY OF SOUTH FLORIDA 401(a) TEMPORARY EMPLOYEE RETIREMENT PLANMay 5th, 2020
An Employee may, subject to the approval of the Employer, elect voluntarily not to participate in the Plan. The election not to participate must be communicated to the Employer, in writing, at least thirty (30) days before the beginning of a Plan Year. However, if the Employer elects, in Section G.3.b. of the Adoption Agreement, to make contributions for Part-time, Seasonal and Temporary Employees, such Employees are mandated to participate and may not elect out of the Plan. Furthermore, the foregoing election not to participate must be irrevocable and made either at Plan inception or when the Employee is first eligible to participate.
