; or (III) treats employees as having automatically elected payroll deductions in an amount or percentage of compensation, including any automatic increases in such amount or percentage, unless the employee specifically elects not to have such deductions made (or specifically elects to have the deductions made in a different amount or percentage of compensation allowed by the program), provided that the employee is given adequate advance notice of the right to make such elections and provided, further, that a program may also satisfy the requirements of such subclauses (I) through (XI) without requiring or otherwise providing for automatic elections such as those described in this subclause. (iii) For purposes of this subparagraph, the term ‘ qualified political subdivision ’ means any governmental unit of a State, including a city, county, or similar governmental body, that— (I) has the authority, implicit or explicit, under State law to require employers’ participation in the program as described in clause (i); and (II) at the time of the establishment of the political subdivision’s payroll deduction savings program— (aa) has a population equal to or greater than the population of the least populated State (excluding the District of Columbia and territories listed in paragraph (10)); (bb) has no geographic overlap with any other political subdivision that has enacted a mandatory payroll deduction savings program for private-sector employees and is not located in a State that has enacted such a program statewide