Establishment of the Plan. Fruitport Community Schools establishes the Fruitport Community Schools Section 125 Plan as of October 1, 1995, for the purpose of providing eligible Employees with a choice between cash and certain tax-free benefits. The Plan is intended to qualify as a cafeteria plan under Section 125 of the Code and is to be interpreted in a manner consistent with the requirements of Section 125.
Appears in 4 contracts
Samples: Master Agreement, Master Agreement, Master Agreement