Common use of Cafeteria Plan Allowance Clause in Contracts

Cafeteria Plan Allowance. 13.3.1 The County agrees to maintain a Cafeteria Plan, pursuant to Section 125 of the Internal Revenue Code, for the purpose of providing employees with access to various health and welfare benefits. The Plan provides participants the opportunity to purchase certain benefits on a pretax basis, including, but not limited to, medical insurance, vision insurance, and dental insurance benefits. Also pursuant to Section 125 of the Internal Revenue Code, participants may participate in flexible spending accounts to be used for out-of-pocket medical expenses and dependent care expenses on a pretax basis. 13.3.2 Except as otherwise stated herein, the County will contribute a monthly Cafeteria Plan Allowance of $625.58 per month per employee enrolled in a County medical insurance plan plus the required PEMHCA contribution referred to in section 13.2.1 above. 13.3.3 The $625.58 per month Cafeteria Plan Allowance shall be changed by any combined corresponding changes in the minimum employer contribution under PEMHCA so that the total of PEMHCA contribution and Cafeteria Plan Allowance remains $750.58 per month.

Cafeteria Plan Allowance. 13.3.1 The County agrees to maintain a Cafeteria Plan, pursuant to Section 125 of the Internal Revenue Code, for the purpose of providing employees with access to various health and welfare benefits. The Plan provides participants the opportunity to purchase certain benefits on a pretax basis, including, but not limited to, medical insurance, vision insurance, and dental insurance benefits. Also pursuant to Section 125 of the Internal Revenue Code, participants may participate in flexible spending accounts to be used for out-of-pocket medical expenses and dependent care expenses on a pretax basis. 13.3.2 . Except as otherwise stated herein, the County will contribute a monthly Cafeteria Plan Allowance contribution of $625.58 per month 688.07 per employee enrolled in a County medical insurance plan plus the required PEMHCA contribution referred to in section 13.2.1 11.2.1 above, subject to the restriction listed in 11.3.2.1. 13.3.3 The 11.3.2.1 For future calendar years, the $625.58 per month 688.07 Cafeteria Plan Allowance amount shall be changed by any combined corresponding changes in the minimum employer contribution under PEMHCA so that the total of PEMHCA contribution and Cafeteria Plan Allowance remains $750.58 816.07 per month.