Common use of City Contributions to Cafeteria Plan Benefits Clause in Contracts

City Contributions to Cafeteria Plan Benefits. A. The City will maintain an IRS Code Section 125 qualifying Cafeteria Plan which shall provide for the following menu of benefits: • Medical insurance • Dental insurance • Vision insurance • Cash A benefit under the Cafeteria Plan is contingent upon an understanding that the benefit qualifies as a pre-tax benefit pursuant to State and Federal tax laws. If for any reason State or Federal law precludes one or more of the above listed benefits from the protection of a Section 125 Cafeteria Plan, the City may remove that benefit from the Plan without impacting the other benefits offered in order to maintain the City’s Cafeteria Plan as a Section 125 qualifying plan.

City Contributions to Cafeteria Plan Benefits. A. The City will maintain an IRS Code Section 125 qualifying Cafeteria Plan which shall provide for the following menu of benefits: •  Medical insurance •  Dental insurance •  Vision insurance •  Cash A benefit under the Cafeteria Plan is contingent upon an understanding that the benefit qualifies as a pre-tax benefit pursuant to State and Federal tax laws. If for any reason State or Federal law precludes one or more of the above listed benefits from the protection of a Section 125 Cafeteria Plan, the City may remove that benefit from the Plan without impacting the other benefits offered in order to maintain the City’s Cafeteria Plan as a Section 125 qualifying plan.