Common use of 125 FLEXIBLE BENEFIT PLAN CONTRIBUTION Clause in Contracts

125 FLEXIBLE BENEFIT PLAN CONTRIBUTION. 1. The City shall make a monthly contribution to each eligible member of the unit to be used toward the §125 Flexible Benefit Plan. These funds shall only be used for eligible plans as provided in 26 USCS §125. All excess benefit dollars shall be added to each employee’s taxable earnings.

Appears in 7 contracts

Samples: Affected Confidential Employees, Affected Confidential Employees, Affected Confidential Employees

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125 FLEXIBLE BENEFIT PLAN CONTRIBUTION. 1. The City shall make a monthly contribution to each eligible member of the unit to be used toward the §§ 125 Flexible Benefit Plan. These funds shall only be used for eligible plans qualified benefits as provided for in 26 USCS §USC § 125. All excess benefit dollars shall be added to each employee’s taxable earnings. Discussion of new flexible benefits to be covered like Long Term Care and other possible options.

Appears in 4 contracts

Samples: www.burbankca.gov, burbank.granicus.com, www.burbankca.gov

125 FLEXIBLE BENEFIT PLAN CONTRIBUTION. 1. The City shall make a monthly contribution to each eligible member of the unit to be used toward the §§ 125 Flexible Benefit Plan. These funds shall only be used for eligible plans qualified benefits as provided for in 26 USCS §§ 125. All excess benefit dollars shall be added to each employee’s taxable earnings. Discussion of new flexible benefits to be covered like Long Term Care and other possible options.

Appears in 2 contracts

Samples: burbank.granicus.com, www.burbankca.gov

125 FLEXIBLE BENEFIT PLAN CONTRIBUTION. 1. The City shall make a monthly contribution to each eligible member of the unit to be used toward the §§ 125 Flexible Benefit Plan. These funds shall only be used for eligible plans qualified benefits as provided for in 26 USCS §§ 125. An administrative fee will be charged to employees who elect the out-of-pocket medical expense reimbursement. All excess benefit dollars shall be added to each employee’s taxable earnings. Discussion of new flexible benefits to be covered like Long Term Care and other possible options.

Appears in 2 contracts

Samples: Affected Confidential Employees, www.burbankca.gov

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125 FLEXIBLE BENEFIT PLAN CONTRIBUTION. 1. The City shall make a monthly contribution to each eligible member of the unit to be used toward the §§ 125 Flexible Benefit Plan. These funds shall only be used for eligible plans qualified benefits as provided for in 26 USCS §§ 125. An administrative fee will be charged to employees who elect the out-of- pocket medical expense reimbursement. All excess benefit dollars shall be added to each employee’s taxable earnings. Discussion of new flexible benefits to be covered like Long Term Care and other possible options.

Appears in 1 contract

Samples: Affected Confidential Employees

125 FLEXIBLE BENEFIT PLAN CONTRIBUTION. 1. The City shall make a monthly contribution to each eligible member of the unit to be used toward the §125 Flexible Benefit Plan. These funds shall only be used for eligible plans as provided in 26 USCS §125. An administrative fee will be charged to employees who elect the out-of-pocket medical expense reimbursement. All excess benefit dollars shall be added to each employee’s taxable earnings.

Appears in 1 contract

Samples: Time Employees

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