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[198]

Part of Minutes of the University of Kentucky Board of Trustees

Page Two by the Employee Benefits Office in the same manner as the voluntary TIAA/CREF investments. University administration reserves the right to review the performance of these voluntary vehicles periodically to insure it is in the employees' best interest that they continue to be offered. University administration will be vested with the authority to establish reasonable operating rules, such as prescribing minimum levels of employee participation. The development of procedures and systems to permit implementation will require some time, and the new alternatives cannot be implemented until such procedures and systems are developed. Action taken: Approved X Disapproved Other _ Date: May 3 , 1983

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