Common use of Flexible Benefit Plan Clause in Contracts

Flexible Benefit Plan. A. The Board shall maintain a cafeteria plan and flexible spending account which meets the requirements of the Internal Revenue Code. If, at any time, such Regulations are amended, the parties shall promptly revise the plan to comply with the amendment.

Appears in 6 contracts

Samples: Agreement, Agreement, Classified Employees

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Flexible Benefit Plan. A. The Board shall maintain a cafeteria plan and flexible spending account which meets the requirements of Section 125 of the Internal Revenue Code. If, at any time, such Section 125 or related Regulations are amended, the parties shall promptly revise the plan to comply with the amendment.

Appears in 2 contracts

Samples: Agreement, Collective Bargaining Agreement

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Flexible Benefit Plan. A. The Board shall maintain a cafeteria plan and flexible benefit spending account which meets the requirements of the Internal Revenue Code. If, at any time, such Regulations are amended, the parties shall promptly revise the plan to comply with the amendment.

Appears in 1 contract

Samples: Agreement

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