(1) For each Employer
and its eligible Gold State workers the Board is to select a day to be the
Employer’s contribution day.
(2) The Board may
select different contribution periods for different classes of workers of an
Employer.
(3) The Board may
change an Employer’s contribution day provided the change is not
detrimental to Members who work for the Employer.
(4) The Board is to
notify the Employer of the day selected under this regulation and any change
in the selection.
(5) Until the Board
selects otherwise an Employer’s contribution day is the last day of each
quarter.