Common use of Flexible Benefits Clause in Contracts

Flexible Benefits. The School District will establish a Section 125 premium conversion account as well as medical/dental and dependent care employee reimbursement account. The employee contribution limit for the medical/dental account is set at two thousand dollars ($2,000). The employee contribution limit for the dependent care account is set at the statutory limit of five thousand dollars ($5,000). If the statutory limits are reduced below the amounts stated herein for these accounts, the limits will be the statutory limits.

Appears in 4 contracts

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

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Flexible Benefits. The School District will establish a Section 125 premium conversion account as well as medical/dental and dependent care employee reimbursement account. The employee contribution limit for the medical/dental account is set at two thousand dollars ($2,000). The employee contribution limit for the dependent care account is set at the statutory limit of five thousand dollars ($5,000). ) If the statutory limits are reduced below the amounts stated herein for these accounts, the limits will be the statutory limits.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Flexible Benefits. The School District will establish a Section 125 premium conversion account as well as medical/dental and dependent care employee reimbursement account. The employee contribution limit for the medical/dental account is set at two thousand dollars ($2,000). The employee contribution limit for the dependent care account is set at the statutory limit of five thousand dollars ($5,000). If the statutory limits are reduced below the amounts stated herein for these accountsTax Exempt Premium Contribution At January 1, the limits will be the statutory limits.1995 Employee Reimbursement Accounts At July 1, 1995

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Flexible Benefits. The School District will establish a Section 125 premium conversion account as well as medical/dental and dependent care employee reimbursement account. The employee contribution limit for the medical/dental account is set at two thousand dollars ($2,000). The employee contribution limit for the dependent care account is set at the statutory limit of five thousand dollars ($5,000). If the statutory limits are reduced below the amounts stated herein for these accounts, the limits will be the statutory limits.

Appears in 1 contract

Samples: Employment Agreement

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