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The document outlines the Deferred Net Pay Program offered by the Tahoe Truckee Unified School District, allowing 11-month employees to receive 12 equal paychecks throughout the year. Employees can enroll by August 17, 2012, and will receive a net payment in July without deductions. The program details how monthly payments are calculated and emphasizes that all regular deductions will be taken from the first 11 paychecks.

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