(a) The minimum amount of deferral per pay period shall be $10 per investment product.

(b) The maximum amount of deferral per taxable year of the participant shall be 33 1/3 percent of a participant’s includable compensation (as defined in regulations governing Section 457 of the Internal Revenue Code, 26 U.S.C. § 457), but not more than $7,500, except, as provided in 4.1422.

History: Rule 11-87, eff 17 Jun 87.