Common use of Flex Elect Program Clause in Contracts

Flex Elect Program. A. The State agrees to provide a flexible benefits program (FlexElect) under Internal Revenue Code section 125 and related sections 105(b), 129, and 213(d). All participants in the Flex/Elect Program shall be subject to all applicable Federal statutes and related administrative provisions adopted by the CalHR. All eligible employees must have a permanent appointment with a time base of half time or more and have permanent status, or if limited-term or temporary authorization (TAU) position, must have mandatory return rights to a permanent position. B. Employees, who meet the eligibility criteria stated in subsection A above, will also be eligible to enroll in a Medical Reimbursement and/or Dependent Care Reimbursement account under the Flex/Elect Program. C. The State shall continue its current practice on a cash option in the Flex/Elect Program. D. PI employees are eligible to participate in the Flex/Elect Program as described in article 18 of this Contract.

Flex Elect Program. A. The State agrees to provide a flexible benefits program Flexible Benefits Program (FlexElect) under Internal Revenue Code section 125 and related sections 105(b), 129, and 213(d). All participants in the Flex/Elect FlexElect Program shall be subject to all applicable Federal statutes and related administrative provisions adopted by the CalHRDPA. All eligible employees must have a permanent appointment with a time base of half time or more and have permanent status, or if limited-term or temporary authorization authorized (TAU) position, must have mandatory return rights to a permanent position. B. Employees, who meet the eligibility criteria stated in subsection A above, will also be eligible to enroll in a Medical Reimbursement and/or Dependent Care Reimbursement account under the Flex/Elect Program. C. The State shall continue its current practice on a cash option in the Flex/Elect Program. D. PI employees are eligible to participate in the Flex/Elect Program as described in article 18 of this Contract.