Common use of Active Employee Flexible Spending Account Plans Clause in Contracts

Active Employee Flexible Spending Account Plans. Effective January 1, 2014, each employee will be eligible to participate in the Company’s flexible spending account plans for health expenses and dependent care expenses by making an election to contribute a portion of his pay. The maximum election for health expenses will be the lesser of the statutory limit (e.g., currently $2,500 for 2013) or $10,000. Reimbursement will be available for expenses incurred during the plan year and following the plan year through the date currently permitted by law, or later if legally permissible and administratively feasible. Forfeitures will be used to defray the administrative expenses of the program. The maximum election for reimbursement for dependent care expenses will be the maximum statutorily permissible election.

Appears in 4 contracts

Samples: Storekeeper Employees, Fleet Service Employees, Passenger Service Employees

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Active Employee Flexible Spending Account Plans. Effective January 1, 2014, each employee will be eligible to participate in the Company’s flexible spending account plans for health expenses and dependent care expenses by making an election to contribute a portion of his the employee’s pay. The maximum election for health expenses will be the lesser of the statutory limit (e.g., currently $2,500 for 2013) or $10,000. Reimbursement will be available for expenses incurred during the plan year and following the plan year through the date currently permitted by law, or later if legally permissible and administratively feasible. Forfeitures will be used to defray the administrative expenses of the program. The maximum election for reimbursement for dependent care expenses will be the maximum statutorily permissible election.

Appears in 2 contracts

Samples: Storekeeper Employees, Fleet Service Employees

Active Employee Flexible Spending Account Plans. Effective January 1, 20142016, each employee will be eligible to participate in the Company’s flexible spending account plans for health expenses and dependent care expenses by making an election to contribute a portion of his the employee’s pay. The maximum election for health expenses will be the lesser of the statutory limit (e.g., currently $2,500 2,550 for 20132015) or $10,000. Reimbursement will be available for expenses incurred during the plan year and following the plan year through the date currently permitted by law, or later if legally permissible and administratively feasible. Forfeitures will be used to defray the administrative expenses of the program. The maximum election for reimbursement for dependent care expenses will be the maximum statutorily permissible election.

Appears in 2 contracts

Samples: Officer Employees, Officer Employees

Active Employee Flexible Spending Account Plans. Effective January 1, 20142016, each employee will shall be eligible to participate in the Company’s flexible spending account plans for health expenses and dependent care expenses by making an election to contribute a portion of the employee’s his pay. The maximum election for health expenses will shall be the lesser of the statutory limit (e.g., currently $2,500 for 20132015) or $10,000. Reimbursement will shall be available for expenses incurred during the plan year and following the plan year through the date currently permitted by law, or later if legally permissible and administratively feasible. Forfeitures will shall be used to defray the administrative expenses of the program. The maximum election for reimbursement for dependent care expenses will shall be the maximum statutorily permissible election.

Appears in 1 contract

Samples: iam141.org

Active Employee Flexible Spending Account Plans. 1. Effective January 1, 20142016, each employee will be eligible to participate in the Company’s flexible spending account plans for health expenses and dependent care expenses by making an election to contribute a portion of the employee’s his pay. The maximum election for health expenses will be the lesser of the statutory limit (e.g., currently $2,500 2,550 for 20132015) or $10,000. Reimbursement will be available for expenses incurred during the plan year and following the plan year through the date currently permitted by law, or later if legally permissible and administratively feasible. Forfeitures will be used to defray the administrative expenses of the program. The maximum election for reimbursement for dependent care expenses will be the maximum statutorily permissible election.

Appears in 1 contract

Samples: iam141.org

Active Employee Flexible Spending Account Plans. 1. Effective January 1, 20142016, each employee will be eligible to participate in the Company’s flexible spending account plans for health expenses and dependent care expenses by making an election to contribute a portion of his the employee’s pay. The maximum election for health expenses will be the lesser of the statutory limit (e.g., currently $2,500 2,550 for 20132015) or $10,000. Reimbursement will be available for expenses incurred during the plan year and following the plan year through the date currently permitted by law, or later if legally permissible and administratively feasible. Forfeitures will be used to defray the administrative expenses of the program. The maximum election for reimbursement for dependent care expenses will be the maximum statutorily permissible election.

Appears in 1 contract

Samples: iam141.org

Active Employee Flexible Spending Account Plans. Effective January 1, 2014, each employee will be eligible to participate in the Company’s flexible spending account plans for health expenses and dependent care expenses by making an election to contribute a portion of his the employee’stheirhis pay. The maximum election for health expenses will be the lesser of the statutory limit (e.g., currently $2,500 for 2013) or $10,000. Reimbursement will be available for expenses incurred during the plan year and following the plan year through the date currently permitted by law, or later if legally permissible and administratively feasible. Forfeitures will be used to defray the administrative expenses of the program. The maximum election for reimbursement for dependent care expenses will be the maximum statutorily permissible election.

Appears in 1 contract

Samples: Service Employees

Active Employee Flexible Spending Account Plans. Effective January 1, 20142015, each employee will be eligible to participate in the Company’s flexible spending account plans for health expenses and dependent care expenses by making an election to contribute a portion of his the employee’s pay. The maximum election for health expenses will be the lesser of the statutory limit (e.g., currently $2,500 for 2013) or $10,000. Reimbursement will be available for expenses incurred during the plan year and following the plan year through the date currently permitted by law, or later if legally permissible and administratively feasible. Forfeitures will be used to defray the administrative expenses of the program. The maximum election for reimbursement for dependent care expenses will be the maximum statutorily permissible election.

Appears in 1 contract

Samples: Maintenance Instructor Employees

Active Employee Flexible Spending Account Plans. Effective January 1, 20142016, each employee will shall be eligible to participate in the Company’s flexible spending account plans for health expenses and dependent care expenses by making an election to contribute a portion of his the employee’s pay. The maximum election for health expenses will shall be the lesser of the statutory limit (e.g., currently $2,500 for 20132015) or $10,000. Reimbursement will shall be available for expenses incurred during the plan year and following the plan year through the date currently permitted by law, or later if legally permissible and administratively feasible. Forfeitures will shall be used to defray the administrative expenses of the program. The maximum election for reimbursement for dependent care expenses will shall be the maximum statutorily permissible election.

Appears in 1 contract

Samples: iam141.org

Active Employee Flexible Spending Account Plans. 1. Effective January 1, 2014, each employee will be eligible to participate in the Company’s flexible spending account plans for health expenses and dependent care expenses by making an election to contribute a portion of the employee’s his pay. The maximum election for health expenses will be the lesser of the statutory limit (e.g., currently $2,500 for 2013) or $10,000. Reimbursement will be available for expenses incurred during the plan year and following the plan year through the date currently permitted by law, or later if legally permissible and administratively feasible. Forfeitures will be used to defray the administrative expenses of the program. The maximum election for reimbursement for dependent care expenses will be the maximum statutorily permissible election.

Appears in 1 contract

Samples: Service Employees

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Active Employee Flexible Spending Account Plans. 1. Effective January 1, 2014, each employee will be eligible to participate in the Company’s flexible spending account plans for health expenses and dependent care expenses by making an election to contribute a portion of his the employee’s pay. The maximum election for health expenses will be the lesser of the statutory limit (e.g., currently $2,500 for 2013) or $10,000. Reimbursement will be available for expenses incurred during the plan year and following the plan year through the date currently permitted by law, or later if legally permissible and administratively feasible. Forfeitures will be used to defray the administrative expenses of the program. The maximum election for reimbursement for dependent care expenses will be the maximum statutorily permissible election.

Appears in 1 contract

Samples: Passenger Service Employees

Active Employee Flexible Spending Account Plans. Effective January 1, 20142015, each employee will be eligible to participate in the Company’s flexible spending account plans for health expenses and dependent care expenses by making an election to contribute a portion of his pay. The maximum election for health expenses will be the lesser of the statutory limit (e.g., currently $2,500 for 2013) or $10,000. Reimbursement will be available for expenses incurred during the plan year and following the plan year through the date currently permitted by law, or later if legally permissible and administratively feasible. Forfeitures will be used to defray the administrative expenses of the program. The maximum election for reimbursement for dependent care expenses will be the maximum statutorily permissible election.

Appears in 1 contract

Samples: Maintenance Instructor Employees

Active Employee Flexible Spending Account Plans. Effective January 1, 20142016, each employee will be eligible to participate in the Company’s flexible spending account plans for health expenses and dependent care expenses by making an election to contribute a portion of his pay. The maximum election for health expenses will be the lesser of the statutory limit (e.g., currently $2,500 2,550 for 20132015) or $10,000. Reimbursement will be available for expenses incurred during the plan year and following the plan year through the date currently permitted by law, or later if legally permissible and administratively feasible. Forfeitures will be used to defray the administrative expenses of the program. The maximum election for reimbursement for dependent care expenses will be the maximum statutorily permissible election.

Appears in 1 contract

Samples: Security Officer Employees

Active Employee Flexible Spending Account Plans. Effective January 1, 20142016, each employee will shall be eligible to participate in the Company’s flexible spending account plans for health expenses and dependent care expenses by making an election to contribute a portion of his pay. The maximum election for health expenses will shall be the lesser of the statutory limit (e.g., currently $2,500 for 20132015) or $10,000. Reimbursement will shall be available for expenses incurred during the plan year and following the plan year through the date currently permitted by law, or later if legally permissible and administratively feasible. Forfeitures will shall be used to defray the administrative expenses of the program. The maximum election for reimbursement for dependent care expenses will shall be the maximum statutorily permissible election.

Appears in 1 contract

Samples: iam141.org

Active Employee Flexible Spending Account Plans. 1. Effective January 1, 20142016, each employee will be eligible to participate in the Company’s flexible spending account plans for health expenses and dependent care expenses by making an election to contribute a portion of his pay. The maximum election for health expenses will be the lesser of the statutory limit (e.g., currently $2,500 2,550 for 20132015) or $10,000. Reimbursement will be available for expenses incurred during the plan year and following the plan year through the date currently permitted by law, or later if legally permissible and administratively feasible. Forfeitures will be used to defray the administrative expenses of the program. The maximum election for reimbursement for dependent care expenses will be the maximum statutorily permissible election.

Appears in 1 contract

Samples: iam141.org

Active Employee Flexible Spending Account Plans. Effective January 1, 20142015, each employee will be eligible to participate in the Company’s flexible spending account plans for health expenses and dependent care expenses by making an election to contribute a portion of his the employee’s pay. The maximum election for health expenses will be the lesser of the statutory limit (e.g., currently $2,500 for 2013) or $10,000. Reimbursement will be available for expenses incurred during the plan year and following the plan year through the date currently permitted by law, or later if legally permissible and administratively feasible. Forfeitures will be used to defray the administrative expenses of the program. The maximum election for reimbursement for dependent care expenses will be the maximum statutorily permissible election.

Appears in 1 contract

Samples: Instructor Employees

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