Common use of Flexible Benefit Plan Clause in Contracts

Flexible Benefit Plan. The District will maintain, at no cost to the employee, a flexible spending benefit plan pursuant to Section 125 of the Internal Revenue Code, with operating procedures determined by the District in accordance with IRS regulations. This plan may be used for favorable income tax treatment of the employee’s health and dental premium contributions, deductibles, co-insurance amounts, other unreimbursed medical expenses, and dependent care assistance.

Appears in 7 contracts

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

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Flexible Benefit Plan. The District will maintainhas established, at no cost to the employee, a flexible benefit spending benefit plan pursuant to Section 125 of the Internal Revenue Code, with operating procedures determined by the District in accordance with IRS regulations. This plan may be used for favorable income tax treatment of the employee’s health and dental premium contributions, deductibles, co-insurance amounts, other unreimbursed medical expenses, and dependent care assistance.

Appears in 3 contracts

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

Flexible Benefit Plan. The District will maintainshall establish, at no cost to the employee, maintain and operate a flexible spending benefit plan pursuant to Section 125 of the Internal Revenue Code. In addition to coverage of employee health, with operating procedures determined by the District in accordance with IRS regulations. This plan may be used for favorable income tax treatment of the employee’s health dental, and dental life insurance premium contributions, deductiblessaid plan shall permit additional elective contribution to a flexible spending account for reimbursement of childcare and medical costs. In the event that all or any part of the plan is not in compliance with the Internal Revenue Code or other law or regulation, co-insurance amounts, other unreimbursed medical expenses, and dependent care assistancethe District shall have no obligation to offer or continue the plan or portion thereof which is not in compliance.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Flexible Benefit Plan. The District will maintain, at no cost to the employee, a flexible spending benefit plan pursuant to Section 125 of the Internal Revenue Code, with operating procedures determined by the District in accordance with IRS regulations. This plan may be used for favorable income tax treatment of the employee’s health and dental premium contributions, deductibles, co-insurance amounts, other unreimbursed medical expenses, and dependent care assistanceassistant.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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