Common use of Cafeteria Plan Clause in Contracts

Cafeteria Plan. The district agrees to provide and administer a Cafeteria Plan as described herein: Purpose: The purpose of the Cafeteria Plan is to allow eligible employees to redirect salary to pay medical and dental insurance premiums and other medical and dental and dependent care expenses. The plan shall qualify as a "Cafeteria Plan" under Sections 125 and 129 of the Internal Revenue Code. (See actual plan for detailed information.) Description of benefits available: - Insurance premium expenses - the employee's cost for medical, dental and vision insurance coverage - Dependent care expenses - the employee's cost for necessary dependent care. When it pertains to the district day care program, the district shall exclusively set the cost of the program for as long as the program exists. - Health care expenses - the employee's cost for other out-of-pocket health care expenses

Cafeteria Plan. The district agrees to provide and administer a Cafeteria Plan as described herein: Purpose: The purpose of the Cafeteria Plan is to allow eligible employees to redirect salary to pay medical and dental insurance premiums and other medical and dental and dependent care expenses. The plan shall qualify as a "Cafeteria Plan" under Sections sections 125 and 129 of the Internal Revenue Code. (See actual plan for detailed information.) Description of benefits available: - Insurance premium expenses - the employee's cost for medical, dental and vision insurance coverage - Dependent care expenses - the employee's cost for necessary dependent care. When it pertains to the district day care program, the district shall exclusively set the cost of the program for as long as the program exists. - Health care expenses - the employee's cost for other out-of-pocket health care expenses