Common use of Cafeteria Benefits Plan Clause in Contracts

Cafeteria Benefits Plan. Effective July 1, 2005, employee benefits are offered to eligible employees through a Cafeteria Plan qualified under IRS Xxxxx §000, §000, and §129. The cafeteria plan contains a core set of benefits. Enrollment in these core benefits is required in order to participate in the cafeteria plan and receive any Employer contributions. Additional optional benefits are offered allowing employees to select benefits that meet their individual needs. 2.1.1 Effective January 1, 2014, each eligible full-time employee with single coverage shall receive $820 per month which may be spent in a District-qualified cafeteria benefits plan. Each eligible full-time employee with family or single+1 coverage shall receive $1,175 per month. 2.1.2 Effective January 1, 2015, each eligible full-time employee with single coverage shall receive $850 per month which may be spent in a District-qualified cafeteria benefits plan. Each eligible full-time employee with family or single+1 coverage shall receive $1,250 per month.

Appears in 1 contract

Samples: Labor Agreement

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Cafeteria Benefits Plan. Effective July 1, 2005, employee benefits are offered to eligible employees through a Cafeteria Plan qualified under IRS Xxxxx §000, §000, and §129. The cafeteria plan contains a core set of benefits. Enrollment in these core benefits is required in order to participate in the cafeteria plan and receive any Employer contributions. Additional optional benefits are offered allowing employees to select benefits that meet their individual needs. 2.1.1 Effective January 1, 20142020, each eligible full-time employee with single coverage shall receive $820 861 per month which may be spent in a District-qualified cafeteria benefits plan. Each eligible full-time employee with family or single+1 coverage shall receive $1,175 1,300 per month. 2.1.2 Effective January 1, 2015, each eligible full-time employee with single coverage shall receive $850 per month which may be spent in a District-qualified cafeteria benefits plan. Each eligible full-time employee with family or single+1 coverage shall receive $1,250 per month.

Appears in 1 contract

Samples: Labor Agreement

Cafeteria Benefits Plan. Effective July 1, 2005, employee benefits are offered to eligible employees through a Cafeteria Plan qualified under IRS Xxxxx Codes §000105, §000125, and §129. The cafeteria plan contains a core set of benefits. Enrollment in these core benefits is required in order to participate in the cafeteria plan and receive any Employer contributions. Additional optional benefits are offered allowing employees to select benefits that meet their individual needs. 2.1.1 Effective January 1, 2014, each Each eligible full-time employee with single coverage shall receive $820 941 per month which may be spent in a District-qualified cafeteria benefits plan. Each eligible full-time employee with family or single+1 coverage shall receive $1,175 1,395 per month. 2.1.2 Effective January 1, 20152025, each eligible full-time employee with single coverage shall receive $850 966 per month which may be spent in a District-qualified cafeteria benefits plan. Each eligible full-time employee with family or single+1 coverage shall receive $1,250 1,435 per month. 2.1.3 Effective January 1, 2026, each eligible full-time employee with single coverage shall receive $991 per month which may be spent in a District-qualified cafeteria benefits plan. Each eligible full-time employee with family or single+1 coverage shall receive $1,475 per month.

Appears in 1 contract

Samples: Labor Agreement

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Cafeteria Benefits Plan. Effective July 1, 2005, employee benefits are offered to eligible employees through a Cafeteria Plan qualified under IRS Xxxxx Codes §000105, §000125, and §129. The cafeteria plan contains a core set of benefits. Enrollment in these core benefits is required in order to participate in the cafeteria plan and receive any Employer contributions. Additional optional benefits are offered allowing employees to select benefits that meet their individual needs. 2.1.1 Effective January 1, 20142020, each eligible full-time employee with single coverage shall receive $820 861 per month which may be spent in a District-qualified cafeteria benefits plan. Each eligible full-time employee with family or single+1 coverage shall receive $1,175 1,300 per month. 2.1.2 Effective January 1, 20152023, each eligible full-time employee with single coverage shall receive $850 941 per month which may be spent in a District-District- qualified cafeteria benefits plan. Each eligible full-time employee with family or single+1 coverage shall receive $1,250 1,395 per month.

Appears in 1 contract

Samples: Labor Agreement

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