CAFETERIA BENEFIT PLAN. Employees shall be eligible to participate in the County’s Cafeteria Benefit Plan and shall continue to participate in such plan as may be amended from time to time at the sole discretion of the Board of Supervisors. The County’s Cafeteria Benefit Plan, authorized under Section 125 of the Internal Revenue Service (IRS) Code, was established for the purpose of providing eligible employees the ability to elect pre-tax deductions from salary, to the extent permitted by the IRS regulations, to pay for allowable medical and other covered optional benefit expenses. In addition, the County provides employees with a County Allowance (as outlined in subsection 14.G. (County Allowance) below) in order to offset the cost related to such eligible benefits. During the annual Open Enrollment for each new plan year, or within the first 30 days of employment of becoming eligible, the County Allowance will be allocated towards eligible plans as follows, if elected: • Medical • Vision • Supplemental Employee Group Life Insurance • Group Accidental Death and Dismemberment Insurance The remaining County Allowance funds, up to five hundred dollars ($500), are automatically deposited into the employee’s Health Care Flexible Spending Account (Health Care FSA). In addition, the employee may allocate remaining County Allowance funds and/or pre-tax salary contributions towards eligible Health Care, Dependent Care, and/or Adoption Assistance Flexible Spending Accounts. Unallocated and/or unused funds are subject to subsection 14.G.4. (Unallocated and/or Unused Funds).
CAFETERIA BENEFIT PLAN a. The cafeteria plan for optional fringe benefits, intended to be in accordance with the requirements of IRS Code Section 125, shall be continued as a, ―payroll reduction option‖. The Board shall make no contribution.
CAFETERIA BENEFIT PLAN. A. Employees shall be provided with a Cafeteria Plan which will be administered by the City pursuant to Section 125 of the Internal Revenue Code.
CAFETERIA BENEFIT PLAN. Employees shall be eligible to participate in the County’s Cafeteria Benefit Plan. The County’s Cafeteria Benefit Plan, authorized under Section 125 of the Internal Revenue Service (IRS) Code, was established for the purpose of providing eligible employees the ability to elect pre-tax deductions from salary, to the extent permitted by the IRS regulations, to pay for allowable medical and other covered optional benefit expenses. In addition, the County provides employees with a County Allowance (as outlined in subsection 11.G. (County Allowance) below) in order to offset the cost related to such eligible benefits. During the annual Open Enrollment for each new plan year, or within the first 30 days of becoming eligible, the County Allowance will be allocated towards the eligible plans as follows, if elected: • Medical • Vision • Supplemental Employee Group Life Insurance The remaining County Allowance funds, up to five hundred dollars ($500), are automatically deposited into the employee’s Health Care Flexible Spending Account (Health Care FSA). In addition, the employee may allocate pre-tax salary contributions towards eligible Health Care and/or Dependent Care Flexible Spending Accounts. Unallocated and/or unused funds are subject to subsection 11.G.4. (Unallocated and/or Unused Funds).
CAFETERIA BENEFIT PLAN. A. The CITY shall make available a cafeteria benefit program. The CITY shall provide the number in dollars in the Cafeteria Benefit Plan to be benchmarked and maintained at the same level of the “Self-Represented Employees.” Options available under the program shall be as set forth in the Annual Open Enrollment and Cafeteria Benefit Plan information booklet.
CAFETERIA BENEFIT PLAN. The Company shall establish a Benefit Plan to qualify as a Cafeteria Plan under Section 125 of the Internal Revenue Code of 1986, to provide eligible employees a choice between certain taxable benefits and nontaxable benefits offered in this Article VII.
CAFETERIA BENEFIT PLAN. The County’s Cafeteria Benefit Plan, authorized under Section 125 of the Internal Revenue Service (IRS) Code, was established for the purpose of providing eligible employees the ability to elect pre-tax deductions from salary, to the extent permitted by the IRS regulations, to pay for allowable medical and other covered optional benefit expenses. In addition, the County provides employees with a County Allowance in order to offset the cost related to such eligible benefits. During the annual Open Enrollment for each new plan year, or within the first 30 days of employment of becoming eligible, an employee may allocate their County Allowance and/or pre-tax deductions from salary towards eligible plans as follows:
CAFETERIA BENEFIT PLAN. The CITY implemented an Internal Revenue Code Section 125 cafeteria plan ("PLAN") on or about August 1, 1989. The PLAN contains provision for employer contribution and EMPLOYEE flexible spending accounts. The PLAN, if practical, shall be written to provide for all allowable benefits. This MOU shall control which of those benefits are utilized and the dollar amount of any employer contribution.
CAFETERIA BENEFIT PLAN. A. The CITY shall provide and pay premiums for $25,000 of group term life insurance for each employee in the unit.
CAFETERIA BENEFIT PLAN. All regular employees in the SBEA/MSU shall be entitled to receive health, dental and vision insurance in accordance with the group insurance policies acquired by the CITY. The CITY will contribute the following to each full-time employee for the purchase of medical, dental and vision insurance options offered through the City’s Flexible Benefit Cafeteria Plan:
