Common use of Flexible Benefits Plan Clause in Contracts

Flexible Benefits Plan. The School District of Xxx County shall offer its 30 employees an IRS Section 125 qualified Flexible Benefits Plan (Flex Plan). Voluntary benefits 31 included in the Flex Plan may be purchased pre-tax through payroll deduction or with Flex Credits. (1) Enrollment: Enrollment in the Flex Plan is automatic. New employees eligible for benefits 34 have the option to waive participation in the Flex Plan within the first thirty (30) days of 35 employment. Regular employees eligible for benefits are allowed to change their Flex Plan status 36 during the annual enrollment period or within sixty (60) days following a qualified family status 37 change. Enrollment in any individual benefit included in the Flex Plan remains binding until the 38 employee changes his/her benefit election. Such changes may only be made during the Open 39 Enrollment period for the benefit or within thirty (30) days (to add a benefit) or within sixty (60) 40 days (to drop a benefit) following a qualified family status change, and must be made on the 41 appropriate enrollment change form. Changes made during the Open Enrollment period will 42 become effective the first day of the new benefit plan year.

Appears in 11 contracts

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

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Flexible Benefits Plan. The School District of Xxx County shall offer its 30 employees an IRS Section 125 qualified Flexible Benefits Plan (Flex Plan). Voluntary benefits 31 included in the Flex Plan may be purchased pre-tax through payroll deduction or with Flex Credits. (1) Enrollment: Enrollment in the Flex Plan is automatic. New employees eligible for benefits 34 have the option to waive participation in the Flex Plan within the first thirty (30) days of 35 employment. Regular employees eligible for benefits are allowed to change their Flex Plan status 36 during the annual enrollment period or within sixty (60) days following a qualified family status 37 change. Enrollment in any individual benefit included in the Flex Plan remains binding until the 38 employee changes his/her benefit election. Such changes may only be made during the Open 39 Enrollment period for the benefit or within thirty (30) days (to add a benefit) or within sixty (60) 40 days (to drop a benefit) following a qualified family status change, and must be made on the 41 appropriate enrollment change form. Changes made during the Open Enrollment period will 42 become effective the first day of the new benefit plan year. The District will make every effort to 43 ensure employees receive electronic confirmation of their open enrollment selection prior to the 44 first payroll deduction of the plan year.

Appears in 6 contracts

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

Flexible Benefits Plan. The School District of Xxx County shall offer its 30 31 employees an IRS Section 125 qualified Flexible Benefits Plan (Flex Plan). Voluntary benefits 31 32 included in the Flex Plan may be purchased pre-tax through payroll deduction or with Flex Credits. (1) Enrollment: Enrollment in the Flex Plan is automatic. New employees eligible for benefits 34 35 have the option to waive participation in the Flex Plan within the first thirty (30) days of 35 36 employment. Regular employees eligible for benefits are allowed to change their Flex Plan status 36 37 during the annual enrollment period or within sixty (60) days following a qualified family status 37 38 change. Enrollment in any individual benefit included in the Flex Plan remains binding until the 38 39 employee changes his/her benefit election. Such changes may only be made during the Open 39 40 Enrollment period for the benefit or within thirty (30) days (to add a benefit) or within sixty (60) 40 41 days (to drop a benefit) following a qualified family status change, and must be made on the 41 42 appropriate enrollment change form. Changes made during the Open Enrollment period will 42 43 become effective the first day of the new benefit plan year. The District will make every effort to 44 ensure employees receive electronic confirmation of their open enrollment selection prior to the 1 first payroll deduction of the plan year.

Appears in 1 contract

Samples: Tentative Agreement

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Flexible Benefits Plan. The School District of Xxx County shall offer its 30 31 employees an IRS Section 125 qualified Flexible Benefits Plan (Flex Plan). Voluntary benefits 31 32 included in the Flex Plan may be purchased pre-tax through payroll deduction or with Flex Credits. (1) Enrollment: Enrollment in the Flex Plan is automatic. New employees eligible for benefits 34 35 have the option to waive participation in the Flex Plan within the first thirty (30) days of 35 36 employment. Regular employees eligible for benefits are allowed to change their Flex Plan status 36 37 during the annual enrollment period or within sixty (60) days following a qualified family status 37 38 change. Enrollment in any individual benefit included in the Flex Plan remains binding until the 38 39 employee changes his/her benefit election. Such changes may only be made during the Open 39 40 Enrollment period for the benefit or within thirty (30) days (to add a benefit) or within sixty (60) 40 41 days (to drop a benefit) following a qualified family status change, and must be made on the 41 42 appropriate enrollment change form. Changes made during the Open Enrollment period will 42 43 become effective the first day of the new benefit plan year.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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