Common use of Dependent Care FSA Clause in Contracts

Dependent Care FSA. 1. Under the Cafeteria Plan, each employee will be allowed to make a pre-tax “salary reduction” election up to the maximum amount allowable under IRC Section 129, and receive a corresponding credit under a dependent care FSA. Under the dependent care FSA, reimbursement may be received for dependent care expenses described in IRC Section 129.

Appears in 7 contracts

Samples: Agreement, Agreement, Agreement

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Dependent Care FSA. 1. a) Under the Cafeteria Plan, each employee will be allowed to make a pre-tax “salary reduction” election up to the maximum amount allowable under IRC Section 129129 (currently $5,000 per year), and receive a corresponding credit under a dependent care FSA. Under the dependent care FSA, reimbursement may be received for dependent care expenses described in IRC Section 129.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

Dependent Care FSA. 1. i. Under the Cafeteria Plan, each employee member will be allowed to make a pre-tax “salary reduction” election up to the maximum amount allowable under IRC Section 129, and receive a corresponding credit under a dependent care FSA. Under the dependent care FSA, reimbursement may be received for dependent care expenses described in IRC Section 129.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Dependent Care FSA. 1. a. Under the Cafeteria Plan, each employee will be allowed to make a pre-tax “salary reduction” election up to the maximum amount allowable under IRC Section 129129 (currently $5000 per year), and receive a corresponding credit under a dependent care FSA. Under the dependent care FSA, reimbursement may be received for dependent care expenses described in IRC Section 129.

Appears in 2 contracts

Samples: Agreement, Agreement

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Dependent Care FSA. 1. a. Under the Cafeteria Plan, each employee will be allowed to make a pre-pre- tax “salary reduction” election up to the maximum amount allowable under IRC Section 129, and receive a corresponding credit under a dependent care FSA. Under the dependent care FSA, reimbursement may be received for dependent care expenses described in IRC Section 129.

Appears in 2 contracts

Samples: Agreement, Agreement

Dependent Care FSA. 1. a. Under the Cafeteria Plan, each employee will be allowed to make a pre-tax "salary reduction" election up to the maximum amount allowable under IRC Section 129129 (currently five thousand dollars [$5,000] per year), and receive a corresponding credit under a dependent care FSA. Under the dependent care FSA, reimbursement may be received for dependent care expenses described in IRC Section 129.

Appears in 2 contracts

Samples: Negotiated Agreement, Negotiated Agreement

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